Visafone Acquired By MTN Nigeria, 2000 Staff Sacked!



Over 2,000 employees have been thrown into the labour market as MTN Nigeria completes its acquisition of Visafone.

Reliable sources stated that the MTN would have completed the acquisition of Visafone, the only surviving Code Division Multiple Access operator in the country, before the end of 2015, but for the N1.04tn fine slammed on it by the Nigerian Communications Commission.

When contacted, MTN Nigeria neither denied nor confirmed the deal, but said the management was already working on a statement that would be made available to journalists later in the day or today (Thursday).

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