Thursday 7 January 2016

MTN Acquires Visafone - Plans 4G LTE Support

MTN, Africa's leading Telecom provider has acquired the last surviving CDMA operator in Nigeria.

According to a post on nairaland, over 2000 Visafone workers has been laid off(sacked) to complete the acquisition and they were paid three months salary as severance package.

MTN bring 4G connectivity to Nigeria

The only categories of workers said to be left are those in the Transmission department and those in the Personnel department.

MTN is said to be converting existing Visafone infrastructures and softwares to bring 4G LTE connectivity to Nigeria.

Based on this, I guess it's time to start buying 4G enabled Android devices so as to be able to benefit from it when MTN successfully launches their 4G LTE broadband.

What do you think about this?
Should MTN be acquiring a company when they still have a huge fine to pay up?

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