| Mobile Money and Telcos |    5896 VIEWS  |
| Mobile Money and Telcos | |
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Thursday, July 26, 2018 01.55PM / Boye Olusanya, CEO, 9Mobile
The Board of 9Mobile today announced the extension of the timeline for closure of the acquisition process.
The timeline extension was considered necessary to enable parties involved in the sale process to finalise the requisite transaction documentation to facilitate a smooth closure and transition to the new investor.
The Board of 9mobile is pleased with the progress made thus far and expects the acquisition process to be completed as soon as possible. Further updates in this regard will be provided in due course.
We hereby thank our invaluable customers for their support and reiterate our continuing commitment to providing best-in-class telecommunication service.
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