Jump to navigation

Vol 3 (AAC) No 9

Published 1st July 2010


Telecom troubles

Plans to sell the state-owned Nigeria Telecommunications (Nitel) have floundered after China Unicom announced it would not be contributing to the front-running New Generation Consortium comprised of China Unicom Europe, the United Arab Emirate's Minerva Group and Nigeria's G-Cell Wireless. The Bureau of Public Enterprises wanted to complete the privatisation in February but the government knew little about the top bidders. On 12 March, the National Council of Privatisation rejected the BPE's recommendations for the preferred bidder and the first reserve bidder.

End of preview - This article contains approximately 508 words.

End of preview

Subscribers: Log in now to read the complete article.

Account Holders: Log in now and use your Account Credit to buy this article. No Credit? Top up your Account now.

If you are logged in, but still cannot access the full text of this article, email customer services or telephone us on +44(0)1638 743633.