Tag: EMTS

  • Etisalat transformation: 9mobile registers domain name

    Etisalat Nigeria transformation is underway as the telecoms firm now known as 9mobile has registered a domain name with one of accredited domain name registrars of the Nigeria Internet Registration Association (NiRA), WhoGoHost.

    The domain name is www.9mobile.com.ng that, however, still redirects to old brand website, www. etisalat.com.ng.

    Whois lookup on the new domain name reveals that Emerging Markets Telecommunication Services (EMTS) is the registrant organization, with EMTS 9mobile’s Paul Ehiagbonare as the admin.

    Etisalat transformation: 9mobile registers domain name

    The domain name, www.9mobile.com.ng, is most likely to go live before the end of the month in respect to the 3 weeks ultimatum.

     

  • Etisalat Nigeria changes brand name to 9Mobile

    Following the tales and woes of Etisalat Nigeria’s $1.2 billion loan owned a consortium of 13 Nigerian banks, finally, the troubled telecoms firm has changed its brand name to 9Mobile.

    TheNewsGuru reports the new brand name, 9Mobile, was adopted by a sitting of the executives of the telecoms firms today in Lagos after due deliberation.

    This is coming after Emerging Markets Telecommunication Services (EMTS) trading as Etisalat Nigeria was given an ultimatum by its Abu Dhabi-based mother firm, Etisalat Group to change brand name in three weeks after the $1.2 billion loan restructuring plan failed, which left chairman Hakeem Belo-Osagie resigning, and a resultant new management board.

    Formerly, following customers’ apprehension, the Vice President, Regulatory and Corporate Affairs of Etisalat Nigeria, Ibrahim Dikko had said subsisting agreement means the firm can continue to retain the brand name.

    “EMTS is here to stay and we wish to assure our esteemed customers that our core values of youthfulness, customer-centricity and innovation will remain the pillars on which we operate,” he said.

    Dikko further said in the statement that “EMTS launched in Nigeria in 2008 with ‘0809ja’ to affirm the ‘Nigerianness’ of our origin and sphere of influence. In our nine years of operation, we have remained a prime driver and avid supporter of the Nigerian spirit of excellence, and we will continue to stay true to our ‘Naijacentric identity”.

    The telecoms firm has most probably retained the ‘9janess’ of the firm by invariably deciding on ‘9’ in 9Mobile – of course, its a mobile network.

    In retaining its Nigerianness, the telecoms firm had assured its more than 20 million subscribers that a change of brand name will not in any way affect service delivery.

    “What is most important now is to… ensure that the business runs and meets its obligations,” the company’s new chief executive Boye Olusanya said on Tuesday.

    The telecoms company is, however, yet to make an official statement on the development.

     

  • Job loss: NCC addresses Etisalat Group 3 weeks ultimatum to EMTS

    …allays fears of operation disruption

    The Nigerian Communications Commission (NCC) has addressed the Etisalat Group three weeks ultimatum given Emerging Markets Telecommunication Services (EMTS) for it to change brand.

    The telecoms regulator vowed to protect the company from possible collapse in its operations, and assured there would be no job loss.

    The Commission allayed the fear yesterday during the 80th edition of Telecom Consumer Parliament, TCP held at Yar’ Adua Centre, Abuja.

    Prof. Umar Dambatta, Executive Vice Chairman of the Commission, gave the assurance while delivering his opening address at the event.

    Prof. Dambatta, who was represented by Mr. Sunday Dare, said the Commission wasn’t unaware of the current challenge facing Etisalat Nigeria following the recent report about its mother company withdrawal from Nigerian market but had waded into the matter to save the jobs of the staff and interest of the 21 million subscribers at stake.

    The EVC said though the Commission never anticipated the crisis would befall Etisalat, it was resolute in ensuring that it does not jeopardize the interest of the consumers.

    ‘‘This year 2017 is a year of the consumer. We never anticipated the challenge Etisalat is currently facing and because of the lives of the 21 million consumers at stake, NCC and the CBN came in to intervene.

    ‘‘As I speak, Etisalat is still running, despite the proposed plan to change the name. In spite of the challenges, we have kept it running for the sake of the consumers. I can assure you that no single staff of Etisalat has been fired, we will make sure all of them are protected and the services not disrupted.’’

    Also speaking on the matter, the Director, Consumer Care at Etisalat, Mr. Plato Syrimis, also dismissed the fear of the staff and subscriber of Etisalat, saying that the change of name would have no impact on the operation and service delivery of the company, insisting that no consumer would lose his line.

    ‘‘Don’t expect any dare consequences because of the proposed change of name. The truth is that Etisalat has been operating from the Middle East shareholder until it pulled out of Nigeria two weeks ago.

    ‘‘We have been operating and still running. That will not affect our services. It is unfortunate that this happened but will not affect the market, which had been in operation for many years.

    ‘‘Airtel changed name six times and that did not make it lose its market that is what is expected to happen in Etisalat. It is only the brand name that is going to change, all our services , innovations, staff are not going to be lost. You are not going to wake up one day and lose your line.

    ‘‘What is happening for the past 24 hours is not going to affect Etsalat services, what happened two weeks ago is only going to affect the brand name, that is what is likely to change, if it does change.

    The name on the door will change but the services, innovation, customer focus, customer services will always be there,’’ he further explained.

    On the TCP, the EVC said the event was unique and remarkable because the Commission had decided to celebrate the consumer of the Nigerian telecom industry this year in consistent with the 8 Point Agenda of his administration. He commended the consumers for consistently spending a significant portion of their disposable income on telecommunication services, even as it continues to improve the quality of life, businesses and social engagements.

    In recognition of the consumers’ contribution to the industry, Dambatta promised to strive further in ensuring improved quality of service, ubiquitous and affordable services to the consumers.

    He also assured that the Commission would entrench a consumer-centric regulatory governance and policy administration and also ensure consumer information flow and education as well as ensure consumer satisfaction by supporting better access to life changing and improvement opportunities and social engagement.

    ‘‘We are however grateful to consumers for responding positively to the telecommunications revolution. It is really the investment of the consumer through patronage of services that has encouraged build out and supported services provision. There is need to celebrate and recognize the consumer as the Boss of the industry and as Boss he who pays the piper dictates the tune.

    ‘‘The Commission has taken steps to ensure that the telecommunications sector remain vibrant and has carried out its regulatory functions to ensure that the companies operating in the industry are healthy.

    Where necessary, NCC has made interventions to prevent disruptions to consumer experience,’’ he added.

     

  • EMTS says Etisalat Nigeria Experience Centres still in full operation

    EMTS says Etisalat Nigeria Experience Centres still in full operation

    Emerging Markets Telecommunication Services Ltd. (EMTS), trading as Etisalat Nigeria, on Tuesday said its Experience Centres were still in full operation.

    Mr. Ibrahim Dikko, the Vice-President, Regulatory and Corporate Affairs of EMTS, made this known in a statement in Lagos.

    Dikko said: “We wish to state that all Etisalat offices, Experience Centres and outlets across Nigeria, are in full operation.

    “They are providing services including customer care services on 24/7 basis.”

    He reiterated that Etisalat Group has withdrawn the right given to EMTS on the continued use of Etisalat brand in Nigeria.

    “EMTS hereby assures its customers and other stakeholders that such withdrawal does not in any way imply discontinuation of our business as Nigeria’s fourth largest mobile service provider.

    “Etisalat Nigeria will not relent in its unwavering commitment to delivery of quality services.

    “We are committed to continuously empowering all segments of Nigeria.

    “This is through the development and roll-out of innovative products, services and solutions that help individuals, businesses and organisations solve their everyday problems,” he said.

    Dikko said that the telecommunications company was intensifying efforts aimed at reaching full closure on the ongoing discussions with regards to the transition phase.

    He said that customers and stakeholders would be duly informed, as soon as discussions were concluded, especially on details of a rebranding.

    Dikko commended the customers, stakeholders and the media for their unalloyed support to the company.

     

  • Etisalat Nigeria: Subscribers apprehensive as firm’s crisis deepens

    Etisalat Nigeria: Subscribers apprehensive as firm’s crisis deepens

    Subscribers on the Etisalat network have become apprehensive as the crisis rocking the “Not Just a Network, It’s an Attitude!” telecoms firm shows no signs of an end.

    The protracted $1.2 billion debt crisis has left UAE-based Etisalat Group, which gave Emerging Markets Telecommunication Services (EMTS) the right to operate in Nigeria as Etisalat Nigeria, to withdraw its brand name, giving the new management board an ultimatum of 3 weeks.

    The continued crisis has left subscribers on the network worried as to what will become of their beloved network.

    “I’ve been burying my head in the sand over this Etisalat Nigeria thing. What does all this mean for people that have Etisalat lines?” Jollz queried on Twitter.

    The Nigerian Communications Communication (NCC) has for the umpteenth time issued press releases trying to allude the fears of subscribers on the network; but the telecoms regulators has been mute in the face of the new development.

    And although the management of EMTS has come out to say subsisting agreements mean the firm is allowed to continue using the brand name, and that even a change of brand would not affect network integrity, customers are not convinced.

    >>Also read: Etisalat Nigeria: Change of name essential – Telecoms association

    “Nnaa, me I have dumped my Etisalat SIM card since this issue started o,” Nnamdi told TheNewsGuru tech editor at a Sweet Sensation outlet in Lagos state.

    One thing that is certain is that, since Etisalat Nigeria isn’t folding up, and that Airtel still exist till date, subscribers on the network have nothing to worry about.

    “This Etisalat Nigeria story reminds me of the inconsistent journey of ownership of the Red network. You know the story from Econet to Airtel,” @Iam_Muzzamil tweeted.

     

     

  • Etisalat Nigeria: Change of name essential – Telecoms association

    Etisalat Nigeria: Change of name essential – Telecoms association

    Telecoms association of Nigeria under the aegis of Association of Licensed Telecommunications Operators of Nigeria (ALTON) on Tuesday has said the change of Etisalat Nigeria’s brand name was essential for effective transition.

    ALTON’s Chairman, Mr Gbenga Adebayo told the News Agency of Nigeria in Lagos that the change of name was part of the transition process for the telecommunications company.

    “As part of the change process that the brand is going through, change of brand name is a part of the issues that should be resolved.

    “It is all part of the transition process they are currently going through.

    “As you know, the company has a new management team; it also has a new board of directors.

    “And we will expect that part the issues that should be dealt with in the cause of resolution of all the problems is the brand related issue,” he said.

    Adebayo said that the change of the brand name would not have a significant impact on the operation of the company because it was just an identity.

    According to him, Etisalat is a global identity that has succeeded in Nigeria.

    “But the fact of the matter is that there has to be a change and we hope that the change will be for the good of it.

    “Experience has shown that subscribers are not looking for identity; they are looking for quality of service.

    “In whatever umbrella they operate in going further, once they able to sustain the pace of the quality of service they have been offering, I don’t see why their subscribers base should decline.

    “The challenge for them is that while they go through this process, they must do all in their best to ensure that the quality of service is not affected, hence it will not negatively affect the subscriber base,” he said.

    TheNewsGuru reports since the month of March, Etisalat Nigeria has been having issues with consortium of 13 banks, over the payment 1.2 billion dollar loan.

    Etisalat Group had on Monday given Etisalat Nigeria three weeks ultimatum to stop the usage of its brand name.

    The Emerging Markets Telecommunication Services Ltd. (EMTS), trading as Etisalat Nigeria has however informed its customers that the change of brand name would not affect its operations.

    Mr Ibrahim Dikko, the Vice President, Regulatory and Corporate Affairs, EMTS said that the telecommunications company would continue to stay true to its “Naijacentric identity’’.

     

  • We have subsisting agreement to use Etisalat as brand name in Nigeria – EMTS

    We have subsisting agreement to use Etisalat as brand name in Nigeria – EMTS

    The management of Emerging Markets Telecommunication Services, EMTS trading in the country as Etisalat Nigeria has said it has a subsisting agreement for the continued usage of the brand name.

    The management of the company said this in reaction to the three weeks ultimatum given it by United Arabs Emirate-based Etisalat Group to stop the usage of the brand name.

    The working relationship between the two broke down after Etisalat Nigeria was unable to restructure a $1.2 billion loan it took from a consortium of banks.

    This led to the Etisalat Group withdrawing from Etisalat Nigeria on Monday and issuing the three weeks ultimatum for the stoppage of the usage of the brand in Nigeria.

    But reacting to the development, the Vice President, Regulatory and Corporate Affairs of Etisalat Nigeria, Ibrahim Dikko, said EMTS has a valid and subsisting agreement with the Etisalat Group, which entitles it to use the Etisalat brand, notwithstanding the recent changes within the company.

    Dikko said discussions are ongoing between EMTS and the Etisalat Group pertaining to the continued use of the brand.

    He said EMTS will issue a formal statement once discussions are concluded.

    He said the final outcome on the use of the brand name will in no way affect the operations of the business as its full range of services remain available to its customers.

    Dikko added in the statement: “EMTS launched in Nigeria in 2008 with ‘0809ja’ to affirm the ‘Nigerianness’ of our origin and sphere of influence.

    “In our nine years of operation, we have remained a prime driver and avid supporter of the Nigerian spirit of excellence, and we will continue to stay true to our ‘Naijacentric identity.

    “This notion is strongly reflected in our core messages and depicted in major projects and initiatives which we have been known to support.

    “All these initiatives have their foundation embedded in supporting key aspects of the Nigerian fabric: building Nigerian businesses and empowering Nigerian’s with a focus on the youth.

    “Nigeria remains the soul of EMTS’ business and we have made the brand alluring to our teeming subscribers who see a piece of the spirit and character of Nigeria in everything we do.

    “EMTS is here to stay and we wish to assure our esteemed customers that our core values of youthfulness, customer-centricity and innovation will remain the pillars on which we operate.

    “We thank our esteemed customers for their abiding faith in us,” the Etisalat Nigeria boss stated.

     

  • Etisalat gives 3 weeks ultimatum to phase out of Nigeria completely

    Etisalat has announced pull-out from Nigeria, giving a 3-week ultimatum to phase out of the country completely, after loan restructuring talks collapsed, according to a Reuters report.

    The Abu Dhabi’s telecoms firm operating in Nigeria as Emerging Markets Telecommunication Services Limited (EMTS), otherwise known as Etisalat Nigeria, terminated its management agreement and gave the business time to phase out the brand in the country completely, the chief executive of Etisalat International told Reuters on Monday.

    The Nigerian Communications Communication (NCC) and the Central Bank of Nigeria (CBN) have intervened on several occasions in talks with the telecoms firms’ lender banks to renegotiate the $1.2 billion loan in order to save the firm from the collapse to no avail.

    “All UAE shareholders of Etisalat Nigeria have exited the company and have left the board and management,” Hatem Dowidar told Reuters in an interview.

    He said discussions were ongoing with Etisalat Nigeria to provide technical support, adding that it can use the brand for another three weeks before phasing it out completely.

    >>Also read: Etisalat Group willingness to release brand name conditional

    >>Also read: Etisalat going down, down: CBN, NCC intervention not enough rescue

    Key changes had been on-going at the telecoms firm — that included restructuring of the management board, changes to its shareholding and trading name — before this recent development.

    The operator had said operations and services would remain normal and would in no way be affected, as it pledged to continue to deliver quality services to the subscribers.

    “We will continue to tap into the rich, creative and innovative resources within our workforce to build a stronger business upon the stable foundation we have laid in our 9yrs of operations,” Etisalat Nigeria said in a press release.

    Also, telecoms regulators, NCC, had in June assured that the network’s integrity of Etisalat Nigeria would not be compromised amid the loan disagreements, with NCC’s Director of Public Affairs, Mr. Tony Ojobo saying the commission was fully aware of the situation and that the commission is doing all it could to salvage it.

    But as it stands, the direction Etisalat Nigeria is headed is verily verily unknown.

     

  • Etisalat update: Why Chairman Osagie is resigning

    The Chairman of Emerging Markets Telecommunication Services Limited (EMTS) operating Etisalat Nigeria, Hakeem Bello-Osagie, has resigned, and a source has disclosed why the boss is stepping down.

    The source closed to the matter disclosed on Friday that the Chairman is resigning following the approval of a restructuring plan for the embattled telecoms firm by its management board.

    “Although the chairman had planned to leave immediately the banks made the take-over move, he opted to tarry until a road map for the company was finalised.

    “The timing of the resignation was strategically delayed till now when stakeholders have agreed a plan.

    “The development also reflects Mr. Bello-Osagie’s deep commitment to protecting the interest of all stakeholders. It is now expected that Etisalat Nigeria under its new shareholding structure will navigate through its current loan repayment challenge with minimum impact.

    “Over the last several months, the chairman has worked extensively with critical stakeholders to prepare clearly articulated strategies and robust road maps that will mitigate the impact of the new shareholding restructuring and realignment on the operations and management of the 4th largest telecoms player in Nigeria,” disclosed the source.

    With this development, the new board will assume control of Etisalat.

    “Further announcements on the composition of the new board are expected from the stakeholders,” the source said.

     

  • Etisalat Group willingness to release brand name conditional

    United Arab Emirates-based Emirates Telecommunications Group Company (Etisalat Group) might be unwilling to release the Etisalat brand to the consortium of banks, except the banks are prepared to fulfill certain conditions.

    Emerging Markets Telecommunication Services Limited (EMTS), operating as Etisalat Nigeria, is using the brand name after a contractual agreement with the UAE-based telecoms giant, TheNewsGuru findings reveal.

    TheNewsGuru reports Etisalat Group released the brand name to EMTS to operate in Nigeria after securing 45% and 25% ordinary and preference shares respectively. Etisalat Group is holding the shares in Etisalat Nigeria through EMTS Holding BV established in the Netherlands.

    After Etisalat Nigeria defaulted on a loan facility agreement with a consortium of Nigerian banks, the Security Trustee of the banks issued a Default and Security Enforcement Notice requesting EMTS Holding BV — established in the Netherlands, and through which Etisalat Group holds its interest in Etisalat Nigeria — to relinquish 100% of its shares.

    This is after subsequent discussions between Etisalat Nigeria and the lender banks failed to produce an agreement on restructuring the loan agreement.

    Etisalat Nigeria had obtained the $1.2 billion (N377.4 billion) loan in 2013 from the consortium of banks to finance a major network rehabilitation, upgrade and expansion of its operational base. The firm said last week it had paid about half (about N504 billion) of the initial loan leaving a total outstanding sum of about $574 million.

    Etisalat Group is saying the 45% ordinary and 25% preference shares it is having in EMTS Holding BV that permits it to operate as Etisalat Nigeria has a quantity of no importance.

    “The carrying value of these shares in Etisalat Group’s books is nil,” according to a letter signed by Etisalat Group Chief Financial Officer, Serkan Okandan, addressed to the Abu Dhabi Securities Exchange, and made available to TheNewsGuru.

    “The remaining financial exposure from the Company is related to operational services (such as international roaming) provided by Etisalat Group to EMTS, and management and technical and IP related agreements,” it added.

    Etisalat Group did not however overtly state in the letter that it had transferred 100% of its shares in Etisalat Nigeria to United Capital Trustees Limited, the Security Trustee of the banks, but it did confirmed the lenders extended the deadline from 9 June 2017 to 23 June 2017 5:00 pm Lagos time.

    Etisalat Group said the operational services, such as the international roaming, provided to EMTS, and the management and technical and IP related agreements is limited to an amount of AED 191 million (about N16.3 billion) as of March 31 2017, stressing this is the subject of ongoing discussions with EMTS and the EMTS lenders.

    “Should there be any material developments on this subject, a further announcement would be made in accordance with applicable Securities and Exchange rules and regulations,” the letter concluded.

    Meanwhile, the Nigerian Communications Commission (NCC), in a statement by its Director of Public Affairs, Tony Ojobo, has said “The grant of a license shall be personal to the licensee and the license shall not be operated by, assigned, sub licensed or transferred to another party unless the prior written approval of the commission has been granted;” quoting Section 38 and Sub-section 1 of the Nigerian Communications Act (NCA) 2003.

    According to the NCC, Sub Section 2 of the same provision equally states that, “A licensee shall at all times comply by the terms and condition of the license and the provision of this act and its subsidiary legislation”.

    >>Also read: $1.2bn loan: Banks refute takeover of Etisalat Nigeria

    The consortium of banks include Access Bank, Zenith Bank Plc, Guaranty Trust Bank Plc, First Bank Limited, Fidelity Bank Plc, First City Monument Bank (FCMB), Stanbic IBTC, Ecobank, United Bank for Africa (UBA) Plc and Union Bank of Nigeria Plc.

    Zenith Bank, Guaranty Trust Bank and Access Bank have the top three exposures of the total loan – N80 billion, N42 billion and N40 billion respectively.

    Whatever becomes of EMTS’s Etisalat Nigeria, the NCC has assured and reassured the over 21 million Etisalat subscribers that it will do all within its regulatory power to ensure that Etisalat subscribers continue to enjoy the services provided by the operator.

    >>Trending: Etisalat debt predicament: 13 Banks’ shareholders mount huge pressure