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LequteMan
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MTN has sealed the deal to acquire Visafone, the leading CDMA operator in Nigeria, after months of negotiation, ThisDay reports.
The acquisition is expected to provide MTN the robust voice and data platform of Visafone and cater for the booming internet population in Nigeria.
“It’s certainly a multimillion naira deal because Visafone was the largest CDMA operator in the country," someone familiar with the matter said.
“The acquisition is expected to ensure high quality data services and improve mobile broadband experience for subscribers of Visafone and MTN.
“The merger is also expected to provide the much-needed relief to the booming internet economy by making available quality mobile broadband services adopting the state of the art 4G LTE technologies during the year," the industry source added.
The acquisition is expected to provide MTN the robust voice and data platform of Visafone and cater for the booming internet population in Nigeria.
“It’s certainly a multimillion naira deal because Visafone was the largest CDMA operator in the country," someone familiar with the matter said.
“The acquisition is expected to ensure high quality data services and improve mobile broadband experience for subscribers of Visafone and MTN.
“The merger is also expected to provide the much-needed relief to the booming internet economy by making available quality mobile broadband services adopting the state of the art 4G LTE technologies during the year," the industry source added.
