Mubadala, Alheri, Others May Acquire Mtel

The two newest entrants into the Nigerian telecommunications sector, Mubadala of the United Arab Emirates and Alheri Engineering Limited, have approached Trans National Corporation Plc (Transcorp) separately over the possibility of acquiring a stake in Mobile Telecommunications Limited (MTel), the mobile phone subsidiary wholly owned by NITEL.

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Oluniyi D. Ajao
Oluniyi D. Ajao is an Internet Entrepreneur and Tech Enthusiast. Follow him on X (fka Twitter) @niyyie for more tech updates.

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