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Etisalat Gets new Name, 9Mobile


In the continues efforts by telecommunications giants Etisalat to rebrand itself and offload some debts, the Qatari owned company has today changed its brand name to 9Mobile, reports have said.

The name change follows the pullout of Mubadala Group, Etisalat’s major investor from the United Arab Emirates, over a $1.4bn (N541bn) debt.

It was earlier reported that in a space of three weeks, Etisalat will be leaving Nigeria as it has been bought by another organization.

The folding up is as a result of the N541bn the communication company is owing the local banks in Nigeria.

 

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