By Emeka Aginam
EMTS has re-assured it customers to remain calmed, stating that the news reports claiming that Federal High Court sitting in Abuja has nullified the sale of EMTS to Teleology Nigeria Limited. were misleading.
According to the company in a statement at the weekend, the Federal High Court in Abuja did not nullify the sale of EMTS, adding that the court on 1st April 2019 had made an order for parties to maintain status quo as at April 25, 2018.
“As at the said date, 9mobile was not a party to the suit before the court. The action before Justice Binta Nyako of the Federal High Court is not about the sale of EMTS (9mobile) but rather, the transfer of the license even without locus standi.
Why court voided sale of Etisalat (9mobile)
“EMTS has however appealed the order and also sought an injunction pending appeal at the Court of Appeal”, EMTS said in the statement.
Clarifying the recent reports, Company Secretary/Legal Adviser,…