NatCom Development & Investment Ltd (NatCom) acquired the core telecom assets, previously owned by NiTel/MTel (Nigeria’s national fixed and mobile operators), in a guided liquidation process. This process was supervised and approved by Nigeria’s Bureau of Public Enterprises and a High Court appointed liquidator. It completed in May 2015, from which date the NiTel/MTel core telecoms assets were wholly transferred to NatCom’s ownership.
