MTN Nigeria is reportedly in advanced spectrum trade negotiations with 9mobile, as the telecommunications giant eyes stakes in its struggling competitor.
This move is seen as a potential revival strategy for 9mobile following setbacks after the exit of its key technical partner and investors, Mubadala of the United Arab Emirates, in 2017.
An anonymous source from MTN confirmed the seriousness of the deal, emphasizing the significance of spectrum in the telecom industry.
On the other hand, a source from 9mobile stated that the company is yet to authenticate the report, promising to release a statement in the coming weeks.
