Showing posts with label Mobile Telephony; MTN; NCC; Fine Negotiations. Show all posts
Showing posts with label Mobile Telephony; MTN; NCC; Fine Negotiations. Show all posts

Tuesday, November 17, 2015

MTN Gets Friday Deadline To Pay US$5.2b Fine

Nhaleko, MTN Nigeria Interim CEO

The Nigerian Communications Commission (NCC) yesterday extended to Friday the deadline given to MTN to pay a US$5.2billion fine. The commission also said it sanctioned the telecommunications giant based on security reasons following its failure to deactivate 5.2million unregistered SIM cards.

It said it acted in the national interest and to protect innocent Nigerians from falling victim of terrorists using unregistered SIM cards.

According to a top shot in NCC, the deadline was extended to Friday for more consultations.

The source said: “Although the deadline expired on Monday, we have extended it to Friday to enable all parties to conclude ongoing talks.