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Teleology to buy Nigeria’s 9mobile

Teleology Holdings has agreed to buy 9mobile, Nigeria’s fourth largest telecoms provider, the investment firm said on Thursday, Reuters report. The telecommunication company, formerly Etisalat Nigeria, took out a $1.2 billion syndicated loan from 13 local banks in 2013 but failed to make repayments last year. Under the stewardship of...
Teleology to buy Nigeria’s 9mobile