Multi-links, a CDMA telecom company operating in Nigeria has been acquired 100% from its previous owners Telkom South Africa by Helios Investment Partners (HIP).

The Chairman, Multi- Links Telecoms Ltd, Martin Dirk made this announcement during a press conference, saying the long transition leading up to HIP’s acquisition of Multi- Links caused uncertainty about the brand that impacted Multi- Link’s brand.

He disclosed that the company majorly runs two telecommunications services business units which include, a mobile business utilizing CDMA technology with more than one million subscribers and a fiber optic network offering national data transmission capacity and limited metro and last mile connectivity, saying significant investment in excess of $1 billion had been made into this network, increasing the footprint more than six fold over the past four years.

He maintained that Multi- Links is still in Nigerian market and currently refocusing on serving in the 22 service areas such as Lagos, Port Harcourt, Owerri, Onisha, akwa, Enugu, Makurdi, Abuja Jos, Bauchi, Kastina, Kano, Kaduna, Ilorin, Ibadan, Oshogbo, Benin amongst. He added that Multi- Links has the best and lowest tariff at 10k/second or 6 naira with free on net calls between 10 p.m – 6a.m daily, and with international call tariffs as low as 10 naira per minute.

http://nairabrains.com/2011/11/helios-investment-acquires-multi-links-telecom/

Hmm this Multilinks na Ashawo company, from Telkom to Helios? Who is going to be their next victim? By the way I thought they said Visafone bought this Multilinks sometime ago?