Posts Tagged ‘Visafone’

Visafone Sacks Over 2000 Workers As Huge Fine Frustrates MTN’s Absorption Plan

Visafone has sacked over 83 per cent of its workers as part of its acquisition by the MTN Nigeria. Over 2,000 employees were disengaged with effect from January 5, 2016, and were paid three months’ salaries as severance package. The only employees left were those in the personnel and transmission departments. A sacked worker who talked to journalists lamented […]

MTN Acquires Visafone, Set To Revolutionize Data Services

MTN has sealed the deal to acquire Visafone, the leading CDMA operator in Nigeria.  The acquisition is expected to provide MTN the robust voice and data platform of Visafone to cater for the booming internet population in Nigeria. A source who confirmed the transaction said: “It’s certainly a multimillion naira deal because Visafone was the largest CDMA operator in the […]