Consumer apprehension as Etisalat Nigeria heads for unknown future

As Etisalat international terminates its management agreement with its Nigerian arm, signally its final pull out, millions of subscribers of the network in Nigeria are getting apprehensive over the uncertain future of the telco. Etisalat, the Abu Dhabi-owned telecommunications networks has given Etisalat Nigeria three weeks to phase out the brand in the country. Chief executive officer of Etisalat International, Hatem Dowidar who stated this on Monday, said that there was no need for the brand in Nigeria after the collapse of the loan talks. This is coming on the heels of a $1.2billion loan default that saw a consortium of banks led by Access Bank taking over the company The Central Bank of Nigeria (CBN) and the Nigeria Communications Commission (NCC) had to step in to ensure the company did not collapse. Soon after there was a change of guard as top management staff and the seven-member board of Etisalat Nigeria, including its, chairman, Mr. Hakeem Bello Osagie, resigned ...