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Wireless

Nigerian governors say MTN must pay USD 5.2 bln fine

Monday 23 November 2015 | 11:13 CET | News
The governors of Nigeria's 36 states gave their support to the USD 5.2 billion fine the Nigerian Communications Commission (NCC) levied on MTN in October for failing to disconnect 5.1 million unregistered SIM cards in accordance with regulatory deadlines, Reuters reported. MTN was fined USD 1,000 per subscriber, leaving it with a total bill of USD 5.2 billion. The regulator had given MTN until 16 November to pay the fine, but suspended the deadline pending the result of negotiations on the matter. MTN Group has been in talks with government officials and NCC representatives over the penalty

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Categories: Mobile & Wireless
Companies: MTN / NCC
Countries: Nigeria
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