MTN Nigeria acquires Visafone

Friday 8 January 2016 | 08:47 CET | News
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. 

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Categories: Mobile & Wireless
Companies: MTN Nigeria / Visafone
Countries: Nigeria
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