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MTN Uganda Fined $662, 000 For Sabotaging Business - Business - Nairaland

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MTN Uganda Fined $662, 000 For Sabotaging Business by smuth(m): 8:34am On Nov 19, 2015
Uganda’s Commercial court has ordered MTN Uganda to pay a sum of Shs
2.3bn (about $662,000) which is about N190 million in damages to
EzeeMoney Limited for sabotaging its business. It all started when
EzeeMoney, which runs an e-money business, obtained a contract from MTN
for the provision of digital transmission [E1] and 30 fixed telephone
lines to carry out its mobile money business.

After agreeing to the terms of the contract, EzeeMoney then contracted
Yo! Uganda Limited (YUL) to implement the service after Uganda
Communications Commission, the regulator, approved it on December 2012,
to use the 7711 short code to enable its customers to subscribe for
e-money services. However in 2013, MTN after doing a review of the
contract, canceled it, saying EzeeMoney was a direct competitor to its
mobile money business.

Through AF Mpanga and company advocates, EzeeMoney went to court, saying
MTN’s action “restricted and distorted competition.”

EzeeMoney said MTN also damaged its ties with YUL and deprived it of
services of other telecommunications operators. It argued that MTN used
its exclusivity agreements to stop its agents from working for any other
firm with similar business, further limiting competition.

Delivering judgement in a suit filed by Ezeemoney limited on November
6th, the presiding judge, Justice Henry Peter Adonyo ordered MTN to
stop acting in an unlawful and anti-competitive manner, which denies
other businesses an opportunity to prosper. Justice Adonyo said MTN
should pay Shs 800m to EzeeMoney in general damages for loss of
business.

He also directed the telecommunications company to pay a penalty of Shs
1.5bn in punitive damages to deter not only MTN but also warn other
companies against uncompetitive business tactics.


http://www.scoop.ng/2015/11/mtn-uganda-fined-662-000-for-sabotaging-business.html/

Re: MTN Uganda Fined $662, 000 For Sabotaging Business by EZEIGBO1OFIMO: 8:37am On Nov 19, 2015
MTN should go and appease the zulu gods grin
Re: MTN Uganda Fined $662, 000 For Sabotaging Business by Khd95(m): 8:45am On Nov 19, 2015
Mtn is doomed.

Karma pls b deligentgringringrin
Re: MTN Uganda Fined $662, 000 For Sabotaging Business by Young03(m): 8:51am On Nov 19, 2015
yes mtn has now entered voicemail
Re: MTN Uganda Fined $662, 000 For Sabotaging Business by Rich4god(m): 8:51am On Nov 19, 2015
This is wat happens when obatala, sango and amadioha have decided to answer the prayers of the poor Nigerians against eMpTyHen....
Re: MTN Uganda Fined $662, 000 For Sabotaging Business by tasceige(m): 8:51am On Nov 19, 2015
Water don pass Garri for Mtn people...
Fined in Nigeria and Uganda..
I guess we gave them the morale..
Mmmh.
God bless Nigeria..
Re: MTN Uganda Fined $662, 000 For Sabotaging Business by ETILA100(m): 8:52am On Nov 19, 2015
GLO AIRTEL ETISALAT>B like mtn u neva chi chum chin

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