Vodacom to Expand Into Nigeria

Vodacom to Expand Into Nigeria

Cellphone operator Vodacom announced it would vigorously pursue its expansion plan into Nigeria pending the finalisation of legal and financial due diligence on Econet Wireless Nigeria, the second- largest cellphone company in that country.

The due diligence report is expected to be released before the end of this week.

Vodacom’s CE Alan KnottCraig said the company would spend “hundreds of millions of dollars” to build strong transmission networks in Nigeria should the deal succeed. – (World IT Report.com)

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