Fidelity bank banner Bayelsa State banner
MTN acquires Visafone

By News Express on 07/01/2016

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 2,248


The dominant operator, MTN Nigeria, has officially acquired Visafone, the only Coded Multiple Division Access (CMDA), network in the country.

A Daily Sun report this morning the acquisition but it was finalised earlier yesterday.

It quoted an unnamed top source at MTN as confirming the development and as saying that there may be mass sack of Visafone staff at the end of the day.

“All efforts to reach the Corporate Communications Head, Joseph Usiagle proved abortive,” the report said.

Visafone was founded by renowned banker and ICT philanthropist, Jim Ovia and was the only visible player in the sub-sector after the onslaught of GSM virtually sounded the death knell of other leading CDMA operators such as Multi-Links and Starcoms.

•Photo shows Visafone Founder Jim Ovia.

Source News Express

Posted 07/01/2016 05:33:43 AM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

 

You may also like...
Pogba penalty sets United on way to win...

Governor Ikpeazu congratulates Senator Orji on tribunal victory,...

Obiano pardons 25 prisoners to mark Nigeria’s 55...

Boko Haram: NSA Monguno inaugurates Helipad in Monguno...

Germany considers stricter migrants policy

BLOODY DEMOCRACY: 101,500 killed extra-judicially since 1999 (9,700...

BRANDING MISTAKES your small business could be making...

Osun, Kano declare Thursday, Friday public holidays to...

Sell, spray, mutilate banknotes, go to Jail, CBN...

Why Saraki can’t declare Akpabio’s seat vacant —...

Pastor shot, killed on Sunday at his church...

Finance Minister unfolds FG’s plans to end economic...

 

Latest News Special security force nabs gunrunner, soldier, policeman, 4 Fulani militia men fuelling herdsmen/farmers crisis Madumere wins again as court refuses to vacate order restraining the swearing-in of new Imo Deputy Gov 2 Nigerian pilgrims die in Saudi Arabia — NAHCON Mad man stabs monarch to death in Ekiti Solider, 21 herdsmen die in Benue gun battle Ngige eyes Anambra Central Senatorial seat, says he is under pressure to contest Boko Haram razes 40 houses in reprisal attack Police uncover plan to disrupt Sallah, Durbar celebrations in Kwara Buhari orders Security Chiefs to make Nigeria safe Court halts EFCC’s probe of Benue accounts Why we demolished Ayefele’s Music House — Oyo State Government Ebonyi suspends collection of personal income tax, illegal levies

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (379,380 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (367,603 views) Shameless Genevieve Nnaji exposes breasts in public (297,369 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (242,629 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (223,687 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (217,671 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (193,341 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (175,466 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (160,085 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (158,985 views) Lagos plane crash: Journalist releases victims’ names (153,276 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (143,510 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (56) Business & Economy (3,468) Business Verdict (48) Columnists (912) Complaints & Requests (95) Enterprise & Opportunities (207) Entertainment (529) Features (642) Global Business Monitor (295) International (2,283) Interview (162) Live Commentary (28) Love Matters (135) News (38,184) Opinion (1,064) Pidgin (11) Politics (6,115) Religion (833) Sports (1,654) Stock Watch (33) AMA & Al Jazeera Global Update

 

CBN banner

Firstmobile banner

 

 

NEWS EXPRESS TV

Real Madrid vs Atletico Madrid 2-4 Highlights and Goals

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement