Telecoms giant acquires only surviving CDMA operator Visafone

folarin okunola

January 8, 2016 10:40 AM

MTN executive, Amina Oyagbola made this known in a statement in Lagos on Thursday, according to the reports.

Phuthuma Nhleko (L), CEO of MTN group, addresses a news conference in a file photo. REUTERS/Aladin Abdel Naby

Yesterday, Pulse Tech revealed that MTN Nigeria was reported to be acquiring CDMA operator, Visafone. According to various media reports, MTN Nigeria has confirmed that acquisition an undisclosed sum.

MTN executive, Amina Oyagbola made this known in a statement in Lagos on Thursday, according to the reports.

Oyagbola stated that the acquisition of Visafone was in line with MTN’s commitment to improving the quality of its broadband services.

She revealed that the acquisition, which aims to leverage resources for service enhancement, also reflected the company’s efforts to deepen the growth and rollout of broadband services across the country.

”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’.

”As we work to maximise our data capabilities towards achieving broadband of international quality, our objective is to ensure that Nigerians experience a boost in the quality of broadband internet services.

”This will translate to the much needed enhanced data speeds and value to enhance personal and business productivity.

”The acquisition of Visafone highlights MTN’s commitment to Nigeria. More capacity will facilitate enhanced product/service offerings and experience in the data space to the delight of our valued customers.

”Voice is still King. However, data is becoming increasingly important in our everyday lives and our energies are focused on enhancing data and internet services to the benefit of our customers and the country at large,” Oyagbola said in the statement.

Jim Ovia-owned Visafone is the only surviving CDMA operator in the country.

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