MTN acquires Verizon SA unit (South Africa)
MTN (South Africa based cellular group) has completely bought Verizon Business South Africa and has renamed the corporate communications provider as MTN Business. The firm, which provides data solutions in South Africa, Namibia, Botswana, Zambia and Kenya, has been acquired from US carrier Verizon Communications. Tim Lowry, Managing Director of MTN SA, said, ‘This acquisition falls in line with our stated objectives of expanding our communications service offerings, particularly to corporate customers, outside of just mobile services.’
