It is clear that Etisalat would have expected the intended sale of Visafone to be made available to all the key players so as to enable a fair bidding instead of the sudden declare that was made last month about the acquisition of Visafone by MTN.
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|MTN and Etisalat|
The statement released by Etisalat's head of media on this issue goes thus;
"You will recall that MTN Nigeria was declared dominant by the Nigerian Communications Commission (NCC) in 2013 and remains dominant in the wholesale leased line and retail voice markets. The use of the 800MHz spectrum to deploy broadband services ahead of its competitors, particularly those who, prior to MTNs purchase of Visafone, held similar spectrum bands as MTN, will further entrench MTN’s dominance in the Nigerian telecommunications sector.
“We have in addition and in line with Section 86 of the Nigerian Communications Act, 2003 engaged the NCC to understand the basis of its decision to approve the acquisition. As you are aware, the matter is already in court, as such, we are restrained from commenting further on the matter.”