HISTORY AND BUSINESS OF THE COMPANY
Voted The Best ICT Company and Best Telecom Brand in Nigeria for 2008, Visafone Communications Ltd (hereinafter to be referred to as Visafone or “the Company) was born out of the strategic acquisition of 3 CDMA mobile network operators that had been in operation for up to 8 years with 30,000 subscribers and coverage in different parts of Nigeria.
The company, which was incorporated in Nigeria on June 20, 2007 following the acquisition of Cellcom received its Unified Access Service Licence as a telecom operator from the Nigerian Communications Commission (NCC) on August 1, 2007 positioned it to offer mobile, fixed and any other telecommunications service to its subscribers.
Visafone, in the intervening yawn of time, amassed over 3 million subscribers after 16 months of operation and crossed the 1million subscriber mark in just 6 months from its launch in February 2008. Thus, recording an unprecedented industry milestone as the fastest growing mobile company in Nigeria since the earliest it took a Nigerian based GSM company to hit 1 million was 9 months.
The company’s visions and objectives are:
- To be a market leader in the provision of telecommunication services
- To be the telecommunications service provider of choice
- To deliver good returns to shareholders and maintain sound financial health
- To be a good corporate citizen in its country of operation
Visafone’s service excellence is anchored on the equation V=QC2 where V stands for Visafone; Q is for Quality of Service; and the Cs are for Clarity and Coverage.
With its Unified Access Service Licence, 800 MHz spectrum and strategic acquisitions, Visafone aims to become the pre-eminent telecom operator in Nigeria by offering seamless and efficient services that will ensure the best clarity and the widest coverage.
The company offers an exciting bouquet of superior telecommunications services that will encompass the very best of Voice, High Speed Data (3G), internet and other innovative Value Added Services to individual subscribers while also providing unequalled business solutions to both corporate entities as well as the Small & Medium Scale Enterprises in Nigeria.
Visafone’s strategic destination is to be among the top 3 telecoms operators in the country by 2012.