Etisalat Nigeria is changing its name to 9Mobile this medium has learnt.
It would be recalled that Etisalat had terminated a management agreement with its Nigerian arm and will phase out the brand in three weeks.
Reuters reported that the Chief Executive of Etisalat International, Hatem Dowidar, said the company with a 45% in the Nigerian business, is transfering its shares to a loan trustee after the talks had failed.
Dowidar also confirmed that all UAE shareholders of Etisalat Nigeria, including state-owned investment fund Mubadala, have left the company.
More details later……