Barclays confirms Teleology as preferred bidder for 9Mobile

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(Telecompaper) Barclays Africa, the financial adviser handling the sale of Nigerian operator, 9mobile, has finally confirmed Teleology Holdings as the preferred bidder for the mobile phone company, ThisDay reported. Barclays transmitted an official letter to Teleology Holdings confirming it as the preferred bidder and requiring a non-refundable cash deposit of USD 50 million within three weeks of 21 February or lose the bid to reserve bidder Smile Holdings. 
Source: Industry News (syndicated from Telecompaper.com)

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