Privitization of Nigeria Telecom ( from 7/2006)

This is an Archive from July 2006 a

AllAfrica.com English Via Thomson Dialog NewsEdge) Lagos, Jul 12, 2006 (This Day/All Africa Global Media via COMTEX)

"The delay, controversy and uncertainty trailing the privatization of the Nigerian Telecommunications Ltd, (NITEL) after four years of several failed attempts to privatize the company through the Bureau of Public Enterprise, (BPE), was finally brought to an end with the sale of NITEL to Transnational Corporation (TRANSCORP) for 750 million US dollars for 75 percent equity of NITEL in a negotiated deal."

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