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Nigeria Slashes MTN Fine To $3.4 Billion - Politics - Nairaland

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Nigeria Slashes MTN Fine To $3.4 Billion by Elslim: 8:48am On Dec 03, 2015
Nigerian telecoms authorities have reduced by a more than third a $5.2 billion fine imposed on South African mobile phone operator MTN Group for failing to cut off unregistered users, MTN said on Thursday.
MTN had been in talks with high-ranking officials from the NCC since late October in a bid to reduce the fine.
“After further engagements with the Nigerian Authorities, the NCC has reduced the imposed fine,” MTN said in statement, adding the penalty has been reduced to $3.4 billion.
MTN
Nigeria, MTN’s biggest market, has been pushing all telecom operators to verify the identity of their subscribers, on concerns that unregistered SIM cards were being used for criminal activity in a country facing an insurgency by Islamist militant group Boko Haram.
MTN, which also made senior management changes following the resignation of its Nigerian chief executive, said it would “urgently e-engage” with the Nigerian authorities before responding formally to the NCC decision to reduce fine.



http://www.pmnewsnigeria.com/2015/12/03/nigeria-slashes-mtn-fine-to-3-4-billion/
Re: Nigeria Slashes MTN Fine To $3.4 Billion by Elslim: 8:48am On Dec 03, 2015
haaaa cee my con3 ohh
Re: Nigeria Slashes MTN Fine To $3.4 Billion by bettercreature(m): 8:49am On Dec 03, 2015
Dasuki be like,see money! how i wish PDP is still in power
Re: Nigeria Slashes MTN Fine To $3.4 Billion by SLIDEwaxie(m): 8:49am On Dec 03, 2015
I knw they would
Re: Nigeria Slashes MTN Fine To $3.4 Billion by disloman(m): 8:50am On Dec 03, 2015
Still better than nothing.
Re: Nigeria Slashes MTN Fine To $3.4 Billion by Mynd44: 9:02am On Dec 03, 2015

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