Etisalat Nigeria reacts to take over by banks
Etisalat Nigeria on Tuesday wrote to its staff after the take over by a consortium of banks.
Chief Executive of Etisalat Nigeria, Mathew Willsher, in a memo, acknowledged the challenging business outlook for the company in the wake of the development.
Titled: “A Message From the CEO” Willsher said since February, most staff were understandably anxious about the future of the company and the place of the workers in it.
Wilsher said he was proud that the staff continued to apply their strengths in service, results and internal support to move the business forward on a daily basis.
“This morning (Tuesday) Etisalat UAE notified the Abu Dhabi Securities Exchange of the forthcoming transfer of their shares to the appointed security trustee of the banks. The exact nature and timing of the transfer is still under discussion.
Wilsher assured that business would continue to operate, considering that planned exits was expected to be carried out with the banks, industry regulators and other interest groups.
He noted that Etisalat’s immediate priority was to ensure there were no disruptions to its daily business operations.
“In spite of the changes that lie ahead, we aim to maintain continuity through our focus, capabilities and values.
“We will continue to focus on the customer. Our commitment to delivering results through innovation, operational excellence and quality of service will endure.
“We will also be guided by our core values of passion for excellence, integrity, one team one mission, growing our people and empowering our people.”