SAFAR 25 1431 A.H.
TUESDAY FEBRUARY 9, 2010.
Print This Page 
NITEL/Mtel financial bids open Feb. 16
The Bureau of Public Enterprises (BPE) said the opening of financial bids for the privitisation of Nigerian Telecommunications Plc and its mobile arm, Mtel, would hold on February 16.
In a statement signed by Mr Chigbo Anichebe, Head, Public Communications of the organisation, in Abuja yesterday said six out of the 14 pre-qualified consortia that met the deadline would participate in the bidding.
``The opening of financial bids for the privatisation of Nigerian Telecommunications Plc (NITEL) and its mobile arm, Mtel, holds on Tuesday, Feb. 16, in Abuja.
``Six out of the 14 pre-qualified consortia that met the deadline for the submission of the technical and financial proposals are to participate at the event.
``The successful bidders are Brymedia (WA) Ltd, AF21/ Spectrum Consortium, MTN Nigeria Communication Ltd, Globacom Nigeria Ltd, Omen International Ltd (BVI) and New Generation Telecommunications Ltd (formerly Telefonica Consortium),’’ the statement said.
It added that the deadline for the submission of technical and financial proposals was Feb. 5.
According to the statement, 14 prospective investors undertook virtual data room on Nitel and M-tel.
``The investors were MTN Nigeria Communication Ltd, Etisalat Nigeria, Brymedia (WA) Ltd, Finetek.com/Ericsson consortium, Omen International Ltd (BVI), Fugar Technologies and MTI Consortium.
``Others are Telefonica Consortium, Globacom Nigeria Ltd, Conau Ltd, Dansacom Technologies Ltd, Adison Consulting, AF21/ Spectrum Consortium and Foneama.com.
``The 14 consortia that were pre-qualified paid a non-refundable fee of 25, 000 dollars for access to the data room and bidding documents and executed the confidentiality and non-disclosure agreement,’’ it said.
