Ericsson linked to Nigeria telco buy - Mobile World Live

Ericsson linked to Nigeria telco buy

26 JUL 2011

Nigerian telecoms firm, Snytel has reportedly signed an agreement with Ericsson to help fund a possible purchase of the state-owned telco, Nitel and its mobile subsidiary, Mtel, reports Cellular News. The sale of the state-owned telco has been fraught with cancelled sales, aborted bids and renationalisation. According to local press reports, Snytel and Ericsson will team together to buy 75 percent of Nitel.


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