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Nigeria gets approval to try to sell Nitel, but success is not guaranteed

Michael Malakata | Oct. 14, 2014
A Nigerian court last week gave the green light to the privatization of state-owned Nigeria Telecommunications (Nitel) and its mobile arm, Mobile Telecommunications (Mtel), but there are no guarantees this latest effort to sell the company will succeed.

The decision by the Nigerian government to privatize Nitel means that the Sat-3 submarine cable as well as various exchanges, transmission stations and cabling networks are up for grabs.

Edith Mwale, telecom analyst at Africa Center for ICT Development, said however that "there is no guarantee that this time around the sale will succeed because the BPE lacks transparency in the manner it has been handling the sale of the company.

 

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