9MOBILE UP FOR GRAB SOON
The race to acquire 9mobile, Nigeria’s fourth largest telecoms network operator, is taking a new dimension, as Dangote Group and Helios Towers are already emerging as the top two contenders among the 16 local and international companies bidding to acquire it. A source from Barclays, which is the official institution assigned to receive and evaluate bids from companies that have expressed their interest to acquire and invest in 9mobile, told THISDAY that contrary to the expectations of industry stakeholders, that the big multinationals may likely win the bid process, there is a new dimension, which clearly shows that Dangote and Helios Towers are taking the early lead in the ongoing bid exercise, which is expected to be concluded by early next week, and result announced. ccording to THISDAY’s investigation, the two top contenders are not new to telecoms business, as they both have vested interests in promoting telecoms business in Nigeria. Dangote Group that is bidding with ...