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MTN acquires Nigerian network operator Visafone Communications for undisclosed amount

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With a US$3.9 billion fine — imposed on it by the Nigerian Communications Commission — looming in the background, MTN Nigeria has reportedly acquired Nigerian network operator Visafone Communications. News coming out of Nigeria, reported by the Nigeria based publication, Leadership, is that the deal has been completed with the two parties due to make statements to this fact before the end of this week.
This move is a firm statement by MTN that even with the US$3.9-billion fine circling above its head it has no intentions of exiting the Nigerian market.
Founded in 2007, Visafone Communications is owned by [...]

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