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    NCC approves Etisalat Nigeria name change to 9Mobile

    Chronicle EditorBy Chronicle EditorJuly 19, 2017No Comments2 Mins Read
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    NCC has approved the change of name from Etisalat Nigeria to 9Mobile
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    NCC has approved the change of name from Etisalat Nigeria to 9Mobile

    The Nigerian Communications Commission (NCC) has approved Etisalat Nigeria’s name change to 9Mobile after its Middle East parent pulled out following regulatory intervention to save the local company from collapse due to debt, the company said.

    Nigeria’s telecoms regulator has been notified of the new name, 9mobile, the company said, adding that Etisalat Nigeria had started the process of rebranding. The company is due to unveil the new brand on Wednesday.

    “Etisalat Nigeria wishes to inform its over 20 million subscribers, government, regulatory agencies … the telecommunication company has changed its name to 9mobile,” 9mobile said.

    READ: Kano, Bayelsa, Delta get big chunk of Paris loan refund

    The move was to ensure business continuity of Nigeria’s fourth largest telecom operator, it said in a statement.

    Etisalat Nigeria had been in talks with its lenders to restructure a $1.2 billion debt after it missed repayments but the discussions failed to produce a deal, forcing the banks to step in.

    UAE’s Etisalat terminated its management agreement with its Nigerian business in June and gave it three weeks to phase out the brand after it had to surrender its 45 percent stake to a trustee because of the debt crisis.

    Under Nigeria’s telecoms law, the NCC has to approve a transfer of telecoms licences or any new investor in a telecoms company with more than 10 percent of the shares.

    Etisalat Nigeria’s lenders have now taken control and appointed a new team to manage the company with a focus on getting it back to profitability while working to eventually raise new capital.

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    Oyinlola slams Tinubu’s govt, says Nigerians facing 'renewed agony'

    Oyinlola slams Tinubu’s govt, says Nigerians facing ‘renewed agony’

    July 29, 2025
    China nursing home fire kills 20

    Fire destroys girls hostel in Kano school

    July 29, 2025
    FIRS stops issuance of tax exemption certificates to pioneer firms, NGOs, free zone entities

    FIRS stops issuance of tax exemption certificates to pioneer firms, NGOs, free zone entities

    July 29, 2025
    Boat mishap in Niger leaves 13 dead, 26 rescued

    Boat mishap kills four female teenagers in Jigawa, many missing

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    NMA seeks improved allowances in face of economic hardship

    NMA gives 21-day notice of total, indefinite strike

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