• Breaking News

    Tuesday, 27 October 2015

    Nigeria Fines MTN N1.04 Trillion.


    The Nigerian Communications Commission (NCC) has issued a  fine of N1.04 trillion ($5.2bn) against MTN Nigeria, the largest mobile network operator in the country for failing to disconnect subscribers with unregistered and incomplete subscriber identification modules (SIM) cards within the stipulated time.
    The fine is the largest in the history of telecom infringements in Nigeria and may redefine the relationships between telecommunications operators and the regulator.
    Nik Kershaw, MTN Group spokesman confirmed that MTN Nigeria, apart from struggling with the regulator for many years in the Nigerian environment, the telecom company is also facing  threats relating to its market-leading position in Africa’s most populous country.
    It will be recalled that in August, MTN, Airtel, Glo and Etisalat, the four leading mobile operators in the country took their subscribers by surprise deactivating all lines with unregistered or improperly registered mobile subscriber data on their networks. This has resulted in a deluge of crowds at the various services centres of the operators round the country.

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