By Halimah Olamide
Telecom Operator and service provider, 9Mobile, has denied being affected by any court order.
This was contained in a statement signed by the management of the company on Friday.
This is following earlier reports in the media dated Friday 19th July, 2024 headlined, “Court Orders 9mobile to Pay N55bn Debt to Keystone Bank.”
“The Management of 9mobile wishes to inform the concerned public and critical stakeholders that, contrary to this misleading headline, Emerging Markets Telecommunication Services Limited (EMTS), trading as 9mobile was neither a party to any suit nor affected by the order said to have been made against it as an entity.”
According to 9mobile, the said story is not only false but also defamatory in its effect on the 9mobile corporate reputation.
“If the correspondents who filed the obviously syndicated news stories were anywhere near the court room during the proceedings leading to the issuance of the said order, they would have known that at no point was 9mobile a party to the suit in question.
“Rather, the action was appropriately classified and filed as, “Keystone Bank v. Teleology Nigeria Limited.”
“For the avoidance of doubt, no judgement was made against 9mobile and the attempt to link our corporate entity with a transaction by our minority shareholder, Teleology Nigeria Limited in its legal tussle with Keystone Bank, is false and maliciously misleading.
“9Mobile is under new ownership with a 95.5% controlling stake in the business and has not been found liable for the action of its minority shareholder in the suit in question.
“Our business transformation programme has commenced and we are poised to reclaim our place in the market.” The statement read.