The
company which is the first and only local phone manufacturer in
Nigeria, also announced that it had agreed to buy a majority stake (51%)
in Mass Telecom Innovation Nigeria Plc (MTI) for about 4 billion Naira
($25 million) to develop rural broadband in Africa's most populous
country.
Some
of the unique features the company is introducing through her mobile
devices include GPS tracking systems, mobile point-of-sale (POS)
function, localized emoticons that uses Nigerian cultural references in
the phones' chat application, etc.
In partnership with The Place by Papas, Lekki, Tingo Mobile will host Magnito to an unveiling party in July, to be followed by a series of other activations.
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