V-Mobile
Encyclopedia
Vmobile was a Nigeria
n mobile phone
network provider with close to a million subscribers in 2004. The company was previously owned by Econet Wireless Nigeria, but after a shareholder dispute was purchased (for a month) by Vodacom of South Africa. The Vodacom deal was short lived, and the operator soon thereafter began trading a VMobile Nigeria, owned by Vee Netoworks Limited. The name Vee was based on Vee from Vodacom, after Vodacom pulled out of the deal. Vodacom's South African staff was retained by the Nigerian Investors, to run the now called VMobile network. Willem Swart was appointed as CEO, with a number of previous Econet staff as directors.
The company claimed that all investors were 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
During its time, Vmobile branded itself as the network for the Nigerian people, with the catch phrase being "its all about you".
Nigeria
Nigeria , officially the Federal Republic of Nigeria, is a federal constitutional republic comprising 36 states and its Federal Capital Territory, Abuja. The country is located in West Africa and shares land borders with the Republic of Benin in the west, Chad and Cameroon in the east, and Niger in...
n mobile phone
Mobile phone
A mobile phone is a device which can make and receive telephone calls over a radio link whilst moving around a wide geographic area. It does so by connecting to a cellular network provided by a mobile network operator...
network provider with close to a million subscribers in 2004. The company was previously owned by Econet Wireless Nigeria, but after a shareholder dispute was purchased (for a month) by Vodacom of South Africa. The Vodacom deal was short lived, and the operator soon thereafter began trading a VMobile Nigeria, owned by Vee Netoworks Limited. The name Vee was based on Vee from Vodacom, after Vodacom pulled out of the deal. Vodacom's South African staff was retained by the Nigerian Investors, to run the now called VMobile network. Willem Swart was appointed as CEO, with a number of previous Econet staff as directors.
The company claimed that all investors were Nigeria-based. They included the state governments of Lagos
Lagos
Lagos is a port and the most populous conurbation in Nigeria. With a population of 7,937,932, it is currently the third most populous city in Africa after Cairo and Kinshasa, and currently estimated to be the second fastest growing city in Africa...
, Delta and Akwa Ibom. On April 16, 2006, Celtel
Celtel
Celtel was a telecommunications company that operated in several African countries. It was founded by Sudanese-born Mo Ibrahim.-History:Originally known as "MSI Cellular Investments", the company began operating in 1998...
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
During its time, Vmobile branded itself as the network for the Nigerian people, with the catch phrase being "its all about you".