fiizznation:
N5 million fine? Isn't this too small? Why not fine the defrauding defaulting company something like N5 billion?

There was a time one of this telecommunication company automatically renewed someone's subscription even when he hasn't exhausted his previous subscription.. Dude made a complain to their customer care, but the lady that attended to him said there was nothing she or the company could do. And that was how his 5k when down the drain. Talk about daylight robbery.

u won finish them? 5 billion naira

fiizznation:
N5 million fine? Isn't this too small? Why not fine the defrauding defaulting company something like N5 billion?

There was a time one of this telecommunication company automatically renewed someone's subscription even when he hasn't exhausted his previous subscription.. Dude made a complain to their customer care, but the lady that attended to him said there was nothing she or the company could do. And that was how his 5k when down the drain. Talk about daylight robbery.

You don't understand: Look at this scenario, for example:

"NCC: MTN, since we gave the directive to stop automatic renewal, we noticed you've continued. In fact, you've done so for the last 300 days."
MTN: Abeg nah. Eep me, I no go do am again.
NCC: Sorry. It's too late. Your fine is N5 million * 300. That is, N1.5b."

Depot:
Who else thinks that Airtel is the best Internet provider at the moment. Affordable, reliable, long lasting and fast. I pity MTN sha, not sure i will patronise them again with the services am getting from Airtel

yes oooo...im happy to join them few months ago....Etisalat abi 9bile fvck up.. i was a regular customer before I discover my data can't last one month again..... too bad it is under the control of greedy Nigerians

Never ever recharge up to your data renewal balance.

I once recharged 2500 late at night for important calls waiting for the money to appear for where.

Called bank bank said they sent credit called man the girl told me data. Chai. I cursed her like mad and said who asked for renewal. What sort of rubbish. She just kept up the sorry sir routine. I just got tired

Had to recharge again

Neoteny:


It's not about the amount. No corporate board of directors would take it lightly with any executives who got penalties.

It's about the image.

5 million is too small as the first writer said. 5 billion or 2 billion would have been right. The board of directors is only concerned about what affect the profitability or operations of the business. Fine such as this does not have any effect on the image of the company. There are so many penalties in telecom businesses.

Airtel is the worst company when it comes into auto renewal with the large customer base. 5 million is less than what they make in one hour on auto renewal. NCC will never sanction them on 5M & make it public. In fact, no director will even know.

MTN's case that involved directors was a major penalty & the amount involved is beyond the capacity of the management & will even cripple the operations of the company in Nigeria & some other countries.

babaolofin:


5 million is too small as the first writer said. 5 billion or 2 billion would have been right. The board of directors is only concerned about what affect the profitability or operations of the business. Fine such as this does not have any effect on the image of the company. There are so many penalties in telecom businesses.

Airtel is the worst company when it comes into auto renewal with the large customer base. 5 million is less than what they make in one hour on auto renewal. NCC will never sanction them on 5M & make it public. In fact, no director will even know.

MTN's case that involved directors was a major penalty & the amount involved is beyond the capacity of the management & will even cripple the operations of the company in Nigeria & some other countries.

I tell you no board would tolerate executive excesses that anger the regulator. Corporate performance is compliance with regulations too.

You overlook corporate governance rules.

Of course image matters. No company wants to be in the news for negative reasons, it affects their brand.

Come on dude.

the money shud be pay to consumers direct

Bugger me.. I just cocked up
This is talking about internet data right? As in megabytes?

Please slam mtn 5billion their auto renewal is theft

Nice move. These companies are terrorist. Sometimes if U fail to cancel renewal, after a month when U mistakenly get #1000 credit gift. The next thing U will see is that your #1000 data bundle has been renewed. Abi na thief ni

chuksjuve:
For once I am hearing a good news under this administration ..

Keep it up.

Etisalat will not like this news

They just renewed my own yesterday - just saw the text this morning.

Ncc is similitude to a group of foolish fools...

Noise makers