Starcomms denies acquisition talks

24 Nov 2011

Nigerian CDMA operator Starcomms has denied speculation that it has entered into talks with another operator on the possibility of being acquired by the unnamed company, Nigerian newspaper THISDAY reports. Starcomms’ CEO Logan Pather told journalists in Lagos that the company was currently undergoing a remarking process and was making strategic plans on how to expand its operations in Nigeria, both through organic and inorganic means. ‘We are not discussing [an] acquisition deal with anybody, but we will not rule out potential partnerships given the challenges in the telecommunication industry,’ he stated.

Nigeria, Capcom Telecoms (formerly Starcomms)