MTN Liquidates Visafone After Huge Financial Loss

LAGOS – MTN Nigeria has officially liquidated Visafone, bringing the country’s last-standing CDMA network to an end as the telecoms giant records a huge financial loss from the acquisition. According to MTN’s H1 2024 financial statement, the liquidation was completed during the period, and all remaining assets and liabilities of Visafone have been transferred to MTN. [...]

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