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There are strong indications that Teleology Holdings Limited may have been selected as the preferred bidder for 9Mobile, formerly Etisalat Nigeria, the country’s fourth-largest mobile network.
This development may have put to an end the acquisition process supervised by Barclays Africa, the transaction advisors.
Promoted by Adrian Wood, the pioneer chief executive officer of MTN Nigeria, Teleology emerged as the new owner of 9mobile ahead of Smile, which had been the only other bidder in the final round of the takeover bid.




