MTN, Africa's leading mobile phone operator, has finally sealed the deal to acquire Visafone, the only surviving Code Division Multiple Access (CDMA) operator in Nigeria, owned by the banking magnate, Mr. Jim Ovia.
The acquisition of Visafone, the only surviving CDMA operator in Nigeria, by MTN, a GSM operator, marks the final death of CDMA operations in Africa's largest economy.
Though, MTN is yet to make official announcement of the acquisition, but inside sources confirmed the development.
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