CDMA merger on the cards

BUSINESS

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Image: By BiztechAfrica
CDMA merger on the cards

A possible merger between Multilinks, Starcomms and MTS could see the emergence of a new CDMA giant in Nigeria.

Talks are underway on a USD200 million merger arrangement, which stakeholders hope will resurrect the country’s CDMA sector.

While no final deal has been announced yet, reports indicate that the new entity will be named CAPCOM.



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