Article: Nigeria : MTN, Globacom, 11 Others Express Interest in Nitel.

Byline: Mamta03

A week after a 60-day ultimatum was issued to the board of Nigerian Telecommunications Limited (NITEL) to find a core investor, 11 firms have expressed interest in the acquisition of at least 75 per cent equity in the company.

The Bureau of Public Enterprises (BPE) disclosed yesterday that it had received Expressions of Interest (EOIs) applications from MTN and Globacom.

Other companies that have made their intentions known, according to a statement by BPE, include Etisalat Nigeria (EMTS), Omen International Limited (BVI), Summit Group, MTI Consortium, Finetek.Com, Ericsson Consortium and MTNL Limited, India. Others are Anas ...

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