Shareholder challenge stalls 9mobile acquisition
A Nigerian federal court has ruled that Teleology Holdings’ acquisition of the beleaguered operator 9mobile must be halted until a shareholder dispute has been settled.
Vodafone India denies that Idea merger will cause 5,000 layoffs
The imminent merger between Vodafone India and Idea Cellular could result in as many as 5,000 staff – nearly a quarter of the operators’ combined workers – being made redundant.
Teleology Under Pressure to Pay Balance for 9mobile Bid
Teleology’s acquisition of Nigerian operator 9mobile could fall through if it does not pay the remaining $450 million fee within 90 days.
