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New owners inject $1bn in NITEL to revive telecoms firm



About $1 billion has already been expended on the revival of Nigerian Telecommunication Limited (NITEL) and its sister company, Mobile Telecommunication Limited (Mtel), which were recently acquired by NATCOM Development and Investment Limited from the Nigeria Telecommunications Limited (NITEL). The injected funds and other efforts would see the company engage 4,000 employees by March, as […]

New owners inject $1bn in NITEL to revive telecoms firm