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Goodbye! Etisalat Quits Nigeria, 3 Weeks to Phase Out!

O Etisalat! One of the best and fastest network when it comes to browsing and surfing of the internet, has been given 3 weeks to exit and phase out the brand in Nigeria. This means that Etisalat has reportedly terminated its management with Etisalat Nigeria.

The Abu Dhabi-owned telecommunications networks took the decision after its $1.7 million loan talk collapsed.

Hatem Dowidar, Chief Executive of Etisalat International said on Monday that there was no need for the brand (Etisalat) in Nigeria after the loan talk collapsed. Meanwhile, Nigeria regulators intervened last week to save Etisalat Nigeria from collapse after talks with it lenders to renegotiate a $1.2 billion fails.

Although Etisalat Nigeria in a statement issued three weeks ago, claimed to have repaid 42 percent of the loan.

Etisalat international, therefore announced on Monday that it was pulling out as all UAE (United Arab Emirates) shareholders of the company have exited and left the board and management of the Nigerian arm.

However, Hatem Dowidar, the Chief Executive of Etisalat International said discussion was ongoing with Etisalat Nigeria to provide technical support, he also added that it can use the brand for another three weeks before phasing it out.

What’s your say about the leaving of Etisalat from Nigeria?

5 Comments

  1. Ebenco Real Ebenco Real July 11, 2017

    EEya so sorry we gona miss dem!!but I biliv staying is still possible

  2. Bright Bright July 11, 2017

    yeah me too. I'm going to miss them a lot. what a pity

  3. Emmanuel Ekanem Emmanuel Ekanem July 11, 2017

    It's so touching that Etisalat 9ja will be no more, very very touching.

  4. Sir Mike Sir Mike July 11, 2017

    This is indeed a sad news coz mtn would justcontinue robbing us more.Mtn has been deducting my airtime for no reason lately, they'd jst tell me I've successfully subscribed to one useless package and jst take my airtime and when I call, they'd jst tell me they're sorryfor the inconvenience that would I like 2 unsubscribe?….am like how did it happen in d first place. it was so annoying yday that I called NCC to report themIt'd be sad if they finally leave

  5. Sir Mike Sir Mike July 11, 2017

    I was shocked when i got the news online last night and I'm still wondering what sort of name they will pick within the three weeks period.Thanks for the news article

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