Showing posts with label Nigeria; National Security; NCC; MTN. Show all posts
Showing posts with label Nigeria; National Security; NCC; MTN. Show all posts

Thursday, December 03, 2015

Nigeria Slashes MTN Fine By A Third To US$3.4B; CEO Resigns

MTN has the highest number of subscribers in Nigeria

MTN says Nigeria is slashing its massive fine by more than a third to $3.4 billion, and the CEO of the embattled Nigerian subsidiary of Africa's largest telecommunications giant is resigning. A statement Thursday from the South African-based group announced major management changes to strengthen oversight and regulatory compliance across all 22 countries of its operations in Africa and the Middle East.