9Mobile Sale: NCC Board Says Only Capable New Owner Will Emerge

*NCC says only investors with the required technical capability and pedigree to manage the organization will emerge new owner

IT NEWS NIGERIA:

The Board of the Nigerian Communications Commission (NCC) has reassured Stakeholders of its commitment to ensure that the nation’s fourth largest Mobile Network Operator, EMTS/9Mobile, is duly taken over by investors with the requisite technical capability and pedigree to manage the organisation.

According to a statement signed by Director, Public Affairs, NCC, Mr Tony Ojobo, rising from its Board meeting held in Abuja on Thursday, February 22, 2018, the Board affirmed its determination to avoid the recurrence of any missteps that may have led to the current situation.

The Board also made it clear that pursuant to the powers conferred on the Commission by the provisions of the Nigerian Communications Act 2003 and other instruments in that regard, the Commission will ensure that all relevant statutory and regulatory processes are duly complied with in the process leading up to the emergence of new owners for the company.

The Board therefore assured all Stakeholders that the Commission will apply all necessary diligence to see the ongoing sale process through to its logical conclusion in a manner that protects the overall national interest and the seamless operation of the national telecommunications network.