MTN Group agreed to buy internet provider
Visafone Communications of Nigeria to expand in Africa’s biggest economy
even as the South African company awaits a local court ruling on a
record $3.9bn fine in its biggest market.
The acquisition will ensure that "Nigerians experience a boost in the quality of broadband internet services" and data speeds, MTN Nigeria executive Amina Oyagbola said on Friday without disclosing terms.
MTN said in a statement that Visafone offered voice and online services in Nigeria.
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| MTN |
The acquisition will ensure that "Nigerians experience a boost in the quality of broadband internet services" and data speeds, MTN Nigeria executive Amina Oyagbola said on Friday without disclosing terms.
MTN said in a statement that Visafone offered voice and online services in Nigeria.
