On Monday, July 10, 2017, news broke that Etisalat Group was withdrawing its brand name from Nigeria all but making certain that the Etisalat brand will soon be no more in this part of the world.
Top 3 entities that could benefit from a merger/acquisition
Here are the three entities that could benefit the most from an Etisalat Nigeria merger/acquisition.
Etisalat, Africa's IHS in Nigeria tower sale/leaseback deal
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![Dr Aminu Maida [Facebook]](data:image/svg+xml;charset=utf8,%3Csvg%20xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg'%20width%3D'100'%20height%3D'100'%20data-ring-placeholder%3D'1'%3E%3C%2Fsvg%3E "Dr Aminu Maida [Facebook]")
That move is a consequence of Etisalat Nigeria’s ongoing troubles with a consortium of banks it owes a $1.2 billion loan facility from 2013. With all of the telcos investors pulling out (as well as a new board being instituted), questions about the fate of Etisalat Nigeria are beginning to float around.
Only one of two scenarios can play out though — the company will either be merged with an existing player in the telecoms market, or an outright acquisition of the company and its assets.
Here are the three entities that could benefit the most from an Etisalat Nigeria merger/acquisition:
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These are just some of the entities we think would be viable for Etisalat. What do you think? Let us know in the comments section below.
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