Tuesday, October 6, 2009

Nigeria Extends Deadline For NITEL Bids

Nigeria's Bureau of Public Enterprises (BPE) has extended the deadline for the submission of technical and financial bids for ailing incumbent telco Nigerian Telecommunications (NITEL) and its mobile arm M-Tel, reports local newspaper ThisDay. The deadline for interested parties to submit bids was originally 2 October, but has been pushed back to 26 October.
The winning bidder is expected to be announced on 9 November. It is understood that the deadline has been extended due to the complexity of the process, and to ensure that the BPE does a thorough job to limit mistakes.
13 parties have expressed an interest in NITEL: Etisalat Nigeria, Omen International Limited, Summit Group, MTI Consortium, Finetek.Com/Ericsson, MTNL of India, Globacom, MTN Nigeria Communications, Anas Network Services Limited, Telefonica of Spain, MetroPCS Communications, Brymedia and Galaxy Backbone.


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