Friday, October 30, 2015

MTN Has A Fortnight To Pay Nigeria Fine

AFP
Nigeria's telecom regulator has given South Africa's MTN Group until the middle of November to pay a US$5.2bn (£3.4bn) fine imposed on them. The Nigeria Communications Commission (NCC) says the mobile phone company failed to deactivate unregistered SIM cars before a deadline.
MTN executives are currently in Nigeria to discuss ways of resolving the issue.
Early in August, the NCC issued a directive to mobile phone companies to deactivate all unregistered SIM cards within seven days or face severe sanctions.
MTN missed the deadline prompting a US$1,000 fine for each unregistered SIM card.
The company, which has more than 62 million subscribers in Nigeria, has not yet responded to the payment deadline.

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