Business

Breaking: UK firm, LH Telecoms acquires majority stake in Nigeria’s 9mobile

Breaking: UK firm, LH Telecoms acquires majority stake in Nigeria’s 9mobile

Emerging Markets Telecommunication Services Limited, operating under the trade name 9Mobile, has been acquired by a UK company, LH Telecommunication Limited. 

According to a statement issued on Sunday by the company, the acquisition of majority shares in the Nigerian telecom company was approved by the Nigerian Communications Commission (NCC) and the Federal Competition and Consumer Protection Commission (FCCPC) as required by law. 

READ ALSO:

With this, a new Board has been constituted for the struggling telecom operator. 

Breaking: UK firm, LH Telecoms acquires majority stake in Nigeria’s 9mobile

Trends Admin

Recent Posts

VIDEO: Resident Raises Alarm Over Sighting of Armed Street Boys in Lekki

VIDEO: Resident Raises Alarm Over Sighting of Armed Street Boys in Lekki A resident of…

10 minutes ago

VIDEO: Sirbalo’s Car Damaged by Agberos in Lagos After Refusing ₦200,000

VIDEO: Sirbalo’s Car Damaged by Agberos in Lagos After Refusing ₦200,000 Popular Nigerian content creator…

28 minutes ago

Coup Plot Case: Falana Says Military Court Trial Is Unconstitutional

Coup Plot Case: Falana Says Military Court Trial Is Unconstitutional Human rights lawyer, Femi Falana…

6 hours ago

Boko Haram Ultimatum Expires as 404 Abducted Residents Remain Missing

Boko Haram Ultimatum Expires as 404 Abducted Residents Remain Missing  The 72-hour ultimatum reportedly issued…

6 hours ago

“You’re Not Sensible” — Daddy Freeze Fires at Yul Edochie in Viral Row

“You’re Not Sensible” — Daddy Freeze Fires at Yul Edochie in Viral Row Media personality…

6 hours ago

US Offers $10M Reward for Iraqi Militia Leader Linked to Attacks

US Offers $10M Reward for Iraqi Militia Leader Linked to Attacks The United States State…

6 hours ago