Vmobile

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Vmobile was a Nigerian mobile phone network provider with close to a million subscribers. The company was owned by Econet Wireless Nigeria and traded under Vee Networks Limited. Vmobile began operations on August 6, 2001. The company claimed that all investors are Nigeria-based. They included the state governments of Lagos, Delta and Akwa Ibom. On April 16, 2006, Celtel made a conditional offer for Vmobile and in May 2006, Vmobile was bought over by Celtel for US$1.005. billion after Celtel acquired a controlling stake of 65% in Vmobile[1].

[edit] References

  1. ^ Awareness Times (2006-05-31). Celtel Sierra Leone buys Nigeria’s Vmobile. Retrieved on 2007-06-14.

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