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Nairaland Forum / Entertainment / Celebrities / Confusion As NCC Increases Mtn’s Fine To $3.9 Billion (360 Views)
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Confusion As NCC Increases Mtn’s Fine To $3.9 Billion by celebgists(m): 11:45am On Dec 04, 2015 |
The Nigerian Communications Commission has again increased MTN’s multi-billion dollar fine after reducing it on Thursday. MTN, Africa’s largest mobile services company, said that the Nigerian regulator had hiked the fine to $3.9 billion after initially reducing the $5.2bn fine to $3.4bn. MTN says that neither of the letters it had received explained how the regulator had determined the reductions and that the compnay would consider bnoth letters before making a formal response. The mobile provider said that it had received the latest figure in a letter from the regulator on Thursday and this superseded the $3.4bn figure. The company’s executive chairperson Phuthuma Nhleko said that MTN would re-engage with the regulator before making its formal response to the latest development. http://www.thebreakingtimes.com/confusion-as-ncc-increases-mtns-fine-to-3-9-billion/. Lalasticlala,Seun,Ishilove,Mynd44 Obinoscopy
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