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Monday, April 4, 2011

Visafone Acquires Multilinks Telecom

Visafone, Africa’s largest CDMA mobile operator, has further strengthened its market position by acquiring Multi-links Communications Limited’s CDMA mobile assets.

Visafone is paying $52 million for the acquisition, which moves its subscriber base up to 4.2 million. Multi-links is arguably the oldest mobile phone company in Nigeria, having been in the market for over 15 years. The

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