Despite
its moribund state, Nigeria Telecommunication Ltd (NITEL) and its mobile arm,
Mtel, are still attractive to investors as 17 bidders are now prospecting for
their core assets in the ongoing guided liquidation exercise of the national
telecom carrier.
The
assets on bid for NITEL are the licences and the spectrum, the nationwide fixed
wired networks, the national right of way duct system, the fibre optic
transmission backbone, and the CDMA network system. Others are international
gateway earth stations, microwave transmission equipment/network and towers and
other core assets.
For
Mtel, the assets on sale are the
