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NCC Confirms Five Bidders for Mobile Phone Licences Auction Today (Posted 9th Jan, 2001) Tell your friends about this page! Email it to them. 

Today, The Chief Executive of The Nigerian Communications Commission, NCC, Engineer Ndukwe announced that all 5 applicants for the digital mobile licensing have passed the diligence check to participate in the auction bidding.

The auction will start in Abuja, the country’s capital next week. He said, "I am pleased to announce that the Commission has been able to qualify all of the applicants and are on track for the auction to commence next week. We will be contacting the qualified bidders at the end of the week to provide final details of the arrangements for the auction". 

The Qualified Bidders are: 

  • Econet Wireless Nigeria Limited
  • United Networks Mobile Limited
  • MSI-Celtel Nigeria Limited
  • Communication Investments Limited
  • MTN Nigeria Communications Limited

Econet Wireless Nigeria Limited is a consortium, which comprises Econet Wireless International Limited, First Independent Networks and Transnet. 

The majority shareholder in United Networks Mobile Limited is Beleggiingsmaatschappij Yvrebo BV (the name of this Company is being changed to Orascom United Networks Holdings), which is a holding company owned by Orascom Telecom Holding SAE, UBA Trustees Limited and United Networks Holdings Limited. 

MTN Nigeria Communications Limited has MTN International Limited as its main shareholder with Equitinvest Limited and Muhammed Sani Bello (Col Retd) as partners.  Communication Investments Limited is a Nigerian Company with Dr Mike Adenuga Jnr. as the major shareholder and has Detecon GmbH as its technical partner. 

MSI-Celtel Nigeria Limited is a consortium made up of the following institutional investors; MSI Cellular Investments (Nig) BV; Monarch Communications Limited; Capital Alliance Nigeria; Capital Alliance Private Equity Limited; Alpine Investment Services.    

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