MTN Nigeria acquires Visafone

News Wireless Nigeria 8 JAN 2016
MTN Nigeria acquires Visafone
MTN Nigeria has agreed to acquire CDMA operator Visafone, ThisDay reports. While no financial details of the takeover were disclosed, sources told the daily the acquisition of the largest CDMA operator in the country is a multimillion naira deal. Visafone's additional spectrum is expected to help MTN boost its mobile internet coverage. According to the latest figures from industry regulator NCC, Visafone had around 63,000 customers at the end of September 2015. 

Categories:

Mobile

Companies:

MTN Nigeria,  Visafone

Countries:

Nigeria

Tags:

Voice services, Data services, M&A buyouts & divestments

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