CAPCOM sells off Voice Subscribers to Visafone
CAPCOM is the new company being formed from the Merger of Starcomms, Multilinks and MTS First Wireless. A source in the industry told me that because of the company’s exclusive focus on offering broadband internet service, they are letting go of all voice subscribers (from Starcoms and Multilinks) and selling them off to Visafone. Visafone is the last CDMA mobile network standing at the moment. This transaction should bump Visafone’s active subscriber base to about 3 million.
Good for Visafone. Yet, that figure is still far below what the smallest GSM operator in the country is pushing. With CAPCOM exiting voice, the CDMA mobile sector shrinks to its smallest in years. I do wish Visafone the best of luck and would love to see them make a good showing as they face the might of the GSM mobile operators all alone going forward.
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