South African mobile giant MTN acquires Visafone in Nigeria

South Africa's major mobile operators MTN on Thursday said it has completed the acquisition of Visafone, the only surviving Code Division Multiple Access (CDMA) network in Nigeria's telecommunications industry.

0
MTN
MTN

MTN Executive, Amina Oyagbola made this known in a statement in Lagos, Nigeria’s economic hub.

MTN
MTN

Oyagbola said the acquisition of Visafone was in line with a continued commitment by MTN to improve the quality of broadband services for its subscribers.

She said the acquisition, which sought to leverage resources for service enhancement, was also reflective of the company’s concerted efforts to deepen the growth and roll out of broadband services across the country.

According to her, the acquisition of the CDMA network is in support of the National Broadband Plan, for the benefit of Nigerians.

“We are committed to exploring avenues for meeting our customers’ increasing data needs in line with our vision ‘to lead the delivery of a bold new digital world to our customers,” she added.

Visafone is one of the leading CDMA/ICT companies in Nigeria, offering a number of services, which include voice, high speed data (3G), internet and other Value Added Services (VAS).

Visafone also provides business solutions to small and medium sized companies and corporate organisations in Nigeria.

Over 2,000 employees of Visafone were disengaged with effect from Jan 5 and were paid three months salaries as severance package. Enditem

Source: Xinhua

Send your news stories to newsghana101@gmail.com and via WhatsApp on +233 244244807
Follow News Ghana on Google News

LEAVE A REPLY

Please enter your comment!
Please enter your name here