MTN Nigeria deal for Visafone scrutinised
Airtel and 9mobile opposed the transfer of licences and resources from Visafone to MTN Nigeria, …
MTN Nigeria seals Visafone deal – reports
MTN Nigeria reportedly agreed to acquire CDMA provider Visafone, following months of negotiations. MTN, Nigeria’s largest …
MTN Group may be close to acquiring CDMA operator Visafone
Market leader MTN Group could acquire CDMA operator Visafone “very soon” to strengthen its hold …
Report: Helios Towers planning Multi-Links sale
Helios Towers Nigeria, which currently controls Nigerian CDMA operator Multi-Links, has said it does not intend operating this business in the long term, Reuters reports, placing question marks over the future of the troubled division.
Telkom to sell Multi-Links to Helios Towers
South Africa’s Mail & Guardian said that Telkom South Africa is set to sell its Nigerian CDMA operator Multi-Links to Helios Towers Nigeria, for a US$10 million.
Telkom confirms Multi-Links sale off; 8ta break-even delayed
South Africa-based operator Telkom said that the anticipated sale of its Multi-Links business to rival Visafone has been aborted, and that its board had voted to end all funding of this unit.
Legal dispute threatens Multi Links sale
The sale of Multi Links, the Nigerian CDMA business of Telkom South Africa, looks to be in jeopardy, due to an earlier dispute between Multi Links and infrastructure provider Helios Towers.
Telkom sells Nigerian CDMA network
South African fixed network Telkom has sold its Nigerian CDMA network, Multi-Links, to another Nigerian network, Visafone, for US$52 million.
Nigerian operators face revenue pressure in crowded marketplace
Fierce competition and regulatory conditions impacting Africa’s largest mobile market
TeleGeography, citing Nigerian newspaper The Guardian, reports that Visafone Communications, Nigeria’s fourth-largest mobile operator, will spend between US$300 million and US$400 million over the next two years expanding its mobile network.