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Telcomms Giant MTN Fined Shs 2.3bn (about $662,000) Again In Uganda - See Reason - Politics - Nairaland

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Telcomms Giant MTN Fined Shs 2.3bn (about $662,000) Again In Uganda - See Reason by morereb10: 9:00am On Nov 19, 2015
The Commercial court in Uganda 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. Information gathered revealed that 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.

But in 2013 after doing a review of the contract, MTN 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 accused MTN of damaging 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. - See more at: http://www.exlinklodge.com/2015/11/telcomms-giant-mtn-fined-shs-23bn-about.html#sthash.0Gj4Jpz0.dpuf





cc lalasticlala

Re: Telcomms Giant MTN Fined Shs 2.3bn (about $662,000) Again In Uganda - See Reason by INTROVERT(f): 9:02am On Nov 19, 2015
If NCC dosent collect every dime of Nigeria's own, sorry will be their name.
Re: Telcomms Giant MTN Fined Shs 2.3bn (about $662,000) Again In Uganda - See Reason by ify2016: 9:03am On Nov 19, 2015
MTN don't here am... Pay back time. Just dey chop people money any how. Mek them shutdown self. owolo komi....

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Re: Telcomms Giant MTN Fined Shs 2.3bn (about $662,000) Again In Uganda - See Reason by gudluckgreat(m): 9:05am On Nov 19, 2015
As yawa don gas for them for Nigeria... Kasala don burst for Uganda grin
Re: Telcomms Giant MTN Fined Shs 2.3bn (about $662,000) Again In Uganda - See Reason by morereb10: 9:05am On Nov 19, 2015
hahahaha Introvert take am easy oooooo


dey go collect am and dem go cc you the payment slip ok
Re: Telcomms Giant MTN Fined Shs 2.3bn (about $662,000) Again In Uganda - See Reason by pinkyruledworld(m): 9:06am On Nov 19, 2015
MTN....stingy everywhere they go
Re: Telcomms Giant MTN Fined Shs 2.3bn (about $662,000) Again In Uganda - See Reason by olamieseun(m): 9:10am On Nov 19, 2015
MTN again!!!! Na wah fo dis south africa thieve oh, so not only here dem dey do dir wayo.. MTN (MOST THIEVES NETWORK)
Re: Telcomms Giant MTN Fined Shs 2.3bn (about $662,000) Again In Uganda - See Reason by estyvino(m): 9:19am On Nov 19, 2015
mTn don suffer
Re: Telcomms Giant MTN Fined Shs 2.3bn (about $662,000) Again In Uganda - See Reason by ishiamu(m): 9:21am On Nov 19, 2015
Mtn pele
Re: Telcomms Giant MTN Fined Shs 2.3bn (about $662,000) Again In Uganda - See Reason by Segadem(m): 9:22am On Nov 19, 2015
mtn and mouriho don enter one chance!
Re: Telcomms Giant MTN Fined Shs 2.3bn (about $662,000) Again In Uganda - See Reason by Rich4god(m): 9:24am On Nov 19, 2015
The gods have finally remembered the sins of mtn....

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