Business Hilights

Tracking Nigeria's Headline Business News Online

Johnson Oyewo

MTN Visafone
ICT

Did MTN buy Visafone with spectrum or only brand infrastructure?

When Visafone saw the handwriting on the wall that validity of CDMA in Nigeria is expiring, the core investor and chairman of Zenith Bank, Mr. Jim Ovia sold the company on 100 per cent equity to MTN in 2015. Whereas…