Telecomm Giants,Mtn, Acquires Visafone

Telecoms giant , MTN , have acquired Visafone -  the only surviving Code Division Multiple Access (CDMA) operator in Nigeria, owned by the banking magnate, Mr. Jim Ovia. This marks the final death of CDMA operations in Africa’s largest economy.


Daily Trust claimed to have obtained this information from inside sources though MTN is yet to make official announcement of the acquisition

Sources told the credible news site that the telecoms giant has acquired the staggering Visafone with all its properties, including its spectrum and liabilities.