We've got 0 shorthands for nitel »
Acronyms that contain the term nitel
What does nitel mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: nitel.
We couldn't find any results for your search.
Couldn't find the right meaning of nitel?
Maybe you were looking for one of these abbreviations:
NITDC, NITE, NITEC, NITED, NITEIP, NITER, NITES, NITF, NITFM, NITFS
... or use our Power Search technology to look
for more unique definitions from across the web!
Search the web
What does nitel mean?
- NITEL
- Nigerian Telecommunications Limited, or NITEL, was a monopoly telephone service provider in Nigeria until 1992 when the Nigerian government enacted the Nigerian Communications Commission act allowing new entrants into the telecommunications sector. During and after its years of monopoly, performance of the firm was sub-par, a behavior similar to other state owned enterprises such as NEPA and government owned water corporations. The firm was formed in 1985 as the welding together of two government entities, the telecoms arm of the Post and Telecommunications (P&T) department under the Ministry of Communications and the Nigerian External Communications (NET) Looking from 1958 to the arrival of Global Satellite system communication (GSM) in Nigeria; NITEL was able to provide 450,000 subscriber lines for a population of 120 million.In February 2008 a report by BBC News said that the Nigerian government assumed the transnational corporation did not improve performance of NITEL and therefore stopped privatization in favour of Transcorp. In 2015, the government eventually finalized a transaction that saw NITEL and Mtel's assets to NATCOM. The deal was valued at $252 million. Another Nigeria Telecom Company (Ntel) was launched In April which took the place of Nitel, Ntel is the newest reincarnation of the now defunct telecoms company, NITEL. The Nigerian government handed over NITEL/Mtel assets over to NATCOM (Ntel’s parent company) in a deal worth $252 million last year. In November 2017, Nitel appointed Nate James as vice president of account management.
Citation
Use the citation options below to add these abbreviations to your bibliography.
Style:MLAChicagoAPA
"nitel." Abbreviations.com. STANDS4 LLC, 2024. Web. 7 May 2024. <https://www.abbreviations.com/nitel>.
Discuss these nitel abbreviations with the community:
Report Comment
We're doing our best to make sure our content is useful, accurate and safe.
If by any chance you spot an inappropriate comment while navigating through our website please use this form to let us know, and we'll take care of it shortly.
Attachment
You need to be logged in to favorite.
Log In