MTN FINALLY PURCHASES VISAFONE

After months of negotiations and multiple attempts to revive Visafone, it has finally been sold to telecoms giant, MTN. Visafone prior to the sale was the only surving CDMA operator in Nigeria. 



Sources have it that the sale was done behind closed doors and details concerning the figures involved in the transaction is yet to surface.  

 “It’s certainly a multimillion naira deal because Visafone was the largest CDMA operator in the country. 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.”