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Nairaland Forum / Science/Technology / Phones / Nigeria Fines Telecom Giant MTN $5bn (37223 Views)
BREAKING: Telecoms Giant MTN Agrees To Pay Nigerian $1.7 Billion Fine / Telecom Giant, MTN Begins Payment With $250m To Nigerian Government / Cameroon Government Fines MTN $160 Million For Corruption Charges (2) (3) (4)
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Re: Nigeria Fines Telecom Giant MTN $5bn by naptu2: 3:15pm On Oct 26, 2015 |
[size=14pt]MTN's statement.[/size] Shareholders are advised that the NCC has imposed a fine equivalent to US$5.2 billion on MTN Nigeria. 1 Like |
Re: Nigeria Fines Telecom Giant MTN $5bn by LordAdam: 3:29pm On Oct 26, 2015 |
What nonsense! The IGR from all states in the federation for last year was not up $5b. How can these mofos fine a company such amount. That's one-fourth of our national budget. Where will this money end up after being collected by the way? Is this how businesses are supported? No wonder Nigeria is not among the best 130 countries to conduct business in. CBN just did theirs, now NCC. Mega fines, with zero accountability. Lackluster electricity, Death-traps called roads, OYO security, awful tertiary academic system producing half-baked graduates; and yet these half-witted dimwits are destroying the same corporatocracy that's keeping the nation's economic engine going. Nigeria is a failed state! Quote me anywhere! -Lord 6 Likes |
Re: Nigeria Fines Telecom Giant MTN $5bn by mployer(m): 3:31pm On Oct 26, 2015 |
Sweetguy25: Post a Link to support That claim |
Re: Nigeria Fines Telecom Giant MTN $5bn by huthority01(m): 3:31pm On Oct 26, 2015 |
I wish to use this medium to call on the NCC, to work in harmony to put in place an environment in which MTN can continue their substantial investments in pursuit of delivering world class telecommunications networks in Nigeria. I am also concerned that the sanction could create an atmosphere of anxiety and regulatory uncertainty which is unattractive to investment. I therefore actively engaging NCC and MTN Nigeria to resolve this issue. 2 Likes |
Re: Nigeria Fines Telecom Giant MTN $5bn by sholemania: 3:37pm On Oct 26, 2015 |
Una see this foolish MTN ehn! They deduct my money every blessed morning for one thing called DAILY STARTUP TIPS. I awaits their ban or recession... Foolish network |
Re: Nigeria Fines Telecom Giant MTN $5bn by yorke1: 3:41pm On Oct 26, 2015 |
Anybody that take this news seriously is a mumu. NCC and MTN knows how to play with the gullible minds since 2005. 2 Likes |
Re: Nigeria Fines Telecom Giant MTN $5bn by hopefulme: 3:52pm On Oct 26, 2015 |
zizirecords: Call Mtn customer care and complain.Once you have made the complain a customer complaint ID will be sent to you. You can then call a toll free line 622 with the compliant ID. The issue will be resolved by NCC and your money will be returned. For unwanted SMS, call your operator's customer care and directed them to deactivate all unwanted SMS. |
Re: Nigeria Fines Telecom Giant MTN $5bn by ddjay: 3:57pm On Oct 26, 2015 |
naptu2:PRAISE THE LORD SOMEBODY |
Re: Nigeria Fines Telecom Giant MTN $5bn by iliyande(m): 3:58pm On Oct 26, 2015 |
hopefulme: for my case, I complaint to airtel and they stopped those unnecessary text messages, but mtn call care guy told boldly that I should disregard the messages if I don't like them because they cannot do anything about it. according to him that it is the only channel in which they communicate their subscribers. |
Re: Nigeria Fines Telecom Giant MTN $5bn by Uniboy1: 3:58pm On Oct 26, 2015 |
I don set! |
Re: Nigeria Fines Telecom Giant MTN $5bn by IgweBUIKE1(m): 4:14pm On Oct 26, 2015 |
dominique:if am charge for a service nt rendered na to return back to ncc website report them shikena |
Re: Nigeria Fines Telecom Giant MTN $5bn by Nobody: 4:15pm On Oct 26, 2015 |
Sometimes Nigerians are their own worst enemies. They keep complaining about the services of a company yet u can't switch to another. If mtn isn't satisfactory enough, then port to another network. It's so easy and within 5 mins u are in and still retain ur number Glad I did 1 Like |
Re: Nigeria Fines Telecom Giant MTN $5bn by simi4me(m): 4:25pm On Oct 26, 2015 |
They should also fine them for poor service and send the money to their subscribers as free recharge card. That way, we the subscribers can also benefit from the fine. 1 Like |
Re: Nigeria Fines Telecom Giant MTN $5bn by bummyla(m): 5:13pm On Oct 26, 2015 |
Good For Them! MTN Is A Funny Network! http://www.bummyla.com |
Re: Nigeria Fines Telecom Giant MTN $5bn by postmann: 5:17pm On Oct 26, 2015 |
Watch out for increase in subscribers chargres by the same MTN. After each fine from NCC, MTN always increase tarrif on their subscribers. NCC be on the alert. They do it systematically. Expect it somewhere around January-Fabuary next year. 1 Like |
Re: Nigeria Fines Telecom Giant MTN $5bn by huthority01(m): 5:28pm On Oct 26, 2015 |
Shareholders are advised that the NCC has imposed a fine equivalent to US$5.2 billion on MTN Nigeria. This fine relates to the timing of the disconnection of 5.1 million MTN Nigeria subscribers who were disconnected in August and September 2015 and is based on a fine of N200, 000 for each unregistered subscriber. MTN Nigeria is currently in discussions with the NCC to resolve the matter in recognition of the circumstances that prevailed with regard to these subscribers.
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Re: Nigeria Fines Telecom Giant MTN $5bn by Kollyman: 6:10pm On Oct 26, 2015 |
lekjons: If any of your close relatives has been kidnaped and someone called asking for handsome and investigation revealed that the criminal used a MTN line. U left relieved that you would finally get tangible information on how to apprehend the criminals but you met the greatest surprise when MTN told you that " though the criminal used our network to place the call but unfortunately the sim he used is not registered and they completed it with WE ARE SORRY". I hope you would commend them for their.......... service. 1 Like |
Re: Nigeria Fines Telecom Giant MTN $5bn by mudiana(m): 6:18pm On Oct 26, 2015 |
I just advice users of mtn line including myself to be careful cos this "fine" money will come from us.don't b surprised if #100 calls become 2minutes and 4 seconds or u wake up to see ur account empty.MTN ll hv to suck it's subscribers dry to get this money.start using ur Airtel,glo,Etisalat now. |
Re: Nigeria Fines Telecom Giant MTN $5bn by 989900: 6:21pm On Oct 26, 2015 |
Killing a cockroah with a 'bazooka'. |
Re: Nigeria Fines Telecom Giant MTN $5bn by mikron(m): 6:34pm On Oct 26, 2015 |
ril19:mine was similar but in form of sky sports news, and same 50naira was deducted, just like that, I promptly called their customer care and asked them without delay to opt me out d way they activated me in d 1st place, thieves |
Re: Nigeria Fines Telecom Giant MTN $5bn by ableguy(m): 6:35pm On Oct 26, 2015 |
Please someone should tell ncc to share some of the money among us the subscribers. It's dividends of patronage ;DPlease someone should tell ncc to share some of the money among us the subscribers. It's dividends of patronage |
Re: Nigeria Fines Telecom Giant MTN $5bn by IlekeHD: 6:45pm On Oct 26, 2015 |
chuks1223: lmaoooo |
Re: Nigeria Fines Telecom Giant MTN $5bn by Ryda(m): 6:55pm On Oct 26, 2015 |
MTN: MADNESS TAKE OVER NIGERIA Useless set of fraud_sters...they called me as usual with anoda numba unknown to me whn i picked d baskards stole my last #50 airtym whn i needed it most |
Re: Nigeria Fines Telecom Giant MTN $5bn by Franky9584(m): 6:55pm On Oct 26, 2015 |
nice 1 but unfortunately, we the subscribers are going to be the one paying directly or indirectly...frm now onwards, am keeping an eye on every kobo dat leaves my account....thieves!!! |
Re: Nigeria Fines Telecom Giant MTN $5bn by 400billionman: 7:32pm On Oct 26, 2015 |
MTN just useless the last 2 recharge cards i loaded. N200 normally lasts 15 minutes or there about. But i used it for about 6 minutes. They debited it for unseen services. Anyway, i have gotten back my way |
Re: Nigeria Fines Telecom Giant MTN $5bn by Ups01(m): 7:45pm On Oct 26, 2015 |
. |
Re: Nigeria Fines Telecom Giant MTN $5bn by Elphydo(m): 7:54pm On Oct 26, 2015 |
dominique: I swear na die we dey at this moment!!! MTN go show us pepper |
Re: Nigeria Fines Telecom Giant MTN $5bn by iamdapsyj(m): 8:21pm On Oct 26, 2015 |
I think it should be 5 billion naira if the news is true because I don't see a fine that can amount to 5 billion dollars (it's too steep). No company in Nigeria will survive that kind of penalty. |
Re: Nigeria Fines Telecom Giant MTN $5bn by KRI1759(m): 9:03pm On Oct 26, 2015 |
Re: Nigeria Fines Telecom Giant MTN $5bn by 14(m): 9:19pm On Oct 26, 2015 |
"Whenever the Nigerian regulator steps up enforcement, MTN takes a hammering," Dobek Pater, a telecoms analyst at Africa Analysis based in Johannesburg, said. |
Re: Nigeria Fines Telecom Giant MTN $5bn by Stylaay(m): 9:22pm On Oct 26, 2015 |
No wonder this damn MTN d way my credit has been running out since yesterday omo make I go port to glo thieving bast*ards. The fine would be paid by their subscribers the bastards never loose. |
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