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Home Economy

Etisalat terminates management, technical supports with EMTS Nigeria

metro by metro
July 10, 2017
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EtisalatEmirates Telecommunications Group Co

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

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Nigeria Records First Contraction In Economic Activity In 16 Months As PMI Falls Below 50

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FG Eyes ₦700bn Via April Bonds

* 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:

 

Tags: EMTS NigeriaEtisalat
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