MTN Nigeria acquires Visafone to boost broadband capacity
Telecommunications giant MTN’s Nigerian unit has successfully acquired Code-division multiple access firm Visafone Communications to bolster broadband quality in the bustling West African powerhouse.
MTN Nigeria planned to leverage the voice, high-speed data, Internet and other value-added services capacity of Visafone to enhance its own services and product offerings in line with the country’s National Broadband Plan.
“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 translating to the much-needed enhanced data speeds and value to enhance personal and business productivity,” explained MTN executive Amina Oyagbola in a statement.
The value of the deal was not disclosed.
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