TeleGeography Logo

MTN buys Verizon South Africa

25 Jun 2008

South Africa-based mobile operator MTN has agreed to buy 100% of corporate internet service provider Verizon South Africa, which is currently owned by US-based Verizon Communications (70%) and local group Jay & Jayendra (30%). The financial terms of the agreement were not disclosed. Verizon South Africa provides data/internet services to corporate customers in South Africa, and via subsidiaries in Namibia, Botswana, Zambia and Kenya.

South Africa, MTN Group, UCOM Mobile Namibia (formerly MTN Namibia), Verizon Communications

GlobalComms Database

Want more? Peruse the GlobalComms Database—the most complete source of intel about mobile, fixed broadband, and fixed voice markets.


TeleGeography is the definitive source for telecom news, numbers, and analysis. Explore the full research catalog.