Published On: Mon, Jul 10th, 2017

Etisalat terminates management, technical supports with EMTS Nigeria

EtisalatEmirates Telecommunications Group Co

* Says group terminates management and technical supports with EMTS Nigeria with effect from June 30

* Says termination of agreements governing use of Etisalat’s brand deferred to July 21, 2017

* Says engaged with EMTS, currently negotiating new agreement for technical services, strategic procurement support, use of Etisalat brand

* “Agreements are still under discussion between parties”

* Says legal process yet to complete in Nigeria on transfer of Emts Holding BV’s shares in EMTS to United Capital Trustees Source: