Etisalat End Contract, Gives Three Week Ultimatum For Brand Phase Out: The Etisalat Group has terminated its management agreement with Nigerian and demanded that the use of its brand be phased out after three weeks. This was disclosed by the chief executive of Etisalat International, Hatem Dowidar who stated this on Monday that there was no need for the brand in Nigeria after the restructuring of a $1.2bn loan failed.
He further stated that. “Etisalat Nigeria will provide technical support and that its brand can be used for another three weeks before it is phased out.” The decision for Etisalat to pull out of Nigeria has been predicted to cause a catastrophic effect on the populace as million of Nigerians are subscribed to the network.
BREAKING: Etisalat End Contract, Gives Three Week Ultimatum For Brand Phase Out
Etisalat finally Pulls Out Of Nigeria: After the failure of Etisalat Nigeria to resolve the debt crisis and reach an agreement on the restructuring of the deal with the Central Bank of Nigeria and the Nigerian Communications Commission made Etisalat Nigeria to pull out of the Nigerian economy. Etisalat Exits Nigeria, Wants Brand Name Phased Out After Three Weeks. Source: dailypost
Thank you for reading this article, kindly subscribe to our newsletter below. Join our Social Media platform, like us on Facebook or follow Twitter button.
Prime News Nigeria
Get more stuff like this
in your inbox
Subscribe to our mailing list and get interesting stuff and updates to your email inbox.