Nigerians woke up this morning to a shocking news. One of the popular telecom operators Etisalat has wrapped up its business from the Nigerian market. The Abu Dhabi owned telecommunication giant announced the cut off of Etisalat International from doing any form of business in Nigeria on Monday. Little wonder many headlines carried the news in total amazement – Etisalat leaves Nigeria. Let’s look at the implications and effect on the Nigeria Mobile Telecom economy.
The quit notice according to the Head of Etisalat International was due to the failure of the 1.7 billion USD faced loan talks. As a result, the company saw no need to continue running any business transaction in Nigeria. To this end, Etisalat International issued a directive to Etisalat Nigeria. The directive is to withdraw all products and services of the Etisalat brand from the Nigeria market. The directives further gave an ultimatum to be fully implemented within two weeks.
Implications as Etisalat Leaves Nigeria
By this move to abandon operations in Nigeria, the Dubai based telecom giant is leaving being calculated assets and liabilities. Some of these assets may include their operational infrastructure. These include communication masts, control hubs as well as technology etc. What may remain now could be a large crowd of stranded personnel who are not sure of job retention. However, what may also follow now is a hurried sell-off of these infrastructures, technology framework. Therefore, this is invariably not good for Nigeria and her people.
The Fate of Users as Etisalat leaves Nigeria
Millions of Nigerians are worried about what would happen to their Etisalat SIMs, modems, branded phones and other Eris a late encoded devices. With this sad exit of Etisalat from Nigeria, we are expecting a rapid shutdown of facilities, loss of Etisalat network signals and non-working of Etisalat-encoded technological devices.
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Maybe owners of Etisalat lines could begin to port to other networks to remain active and reachable. Let us know your experience as you comment in the box below. Also share this Etisalat’s Exit breaking news on the social media to enlighten friends. However, the good news is that Etisalat Nigeria has now become 9Mobile.
