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N1.04trn Fine: We Expect No Operation Disruptions For Not Paying Fine —MTN - Business - Nairaland

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NCC Raids Bank, Others Over 9mobile’s Service Disruptions / N1.04 Trn Fine: We Expect No Operation Disruptions For Not Paying Fine-mtn / 1.4trn Fine: MTN Takes Nigerian Government To Court (2) (3) (4)

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N1.04trn Fine: We Expect No Operation Disruptions For Not Paying Fine —MTN by Realdeals(m): 8:44am On Jan 01, 2016
…as NCC threatens fresh action Monday
By Prince Osuagwu
MTN Nigeria has said it did not expect any service disruption on its network as deadline for payment of N1.04 trillion fine, later reduced to N780 billion by the Nigerian Communications Commission, NCC, expired yesterday.
The fine, which according to NCC, was against the inability of MTN to disconnect about 5.1 million subscribers allegedly not properly registered on its network in August and September 2015, was meant to be paid on or before December 31, 2015.
However, the Commission, also yesterday, said it would take fresh decision Monday, after confirming that MTN did not pay the N780 billion fine before the close of work on deadline day, December 31, 2015.
A reliable source at the Commission, said: “I can confirm to you that MTN did not pay the fine before close of work today (yesterday) and so the Commission will take a fresh decision on the issue Monday.
“The telecom operator actually went to court to challenge the fine and the Federal Government has also lined up very respectable lawyers, who also counter-sued the company.
“Both cases did not invalidate the fine, which means that MTN should have honoured the payment deadline. But having not done so, we are going to come up with a new decision on the fine by Monday.”
Reacting, MTN Nigeria’s External Relations Manager, Mr. Funso Aina said that “when a case is in court, there is a limit to the comments that could be made, suffice it to say that based on the lis pendens rule (pending legal action) all parties are enjoined to restrain from taking further action until the matter is finally determined.
“Notwithstanding the lawsuit, we will continue to engage with the Nigerian Authorities to try and ensure an amicable resolution in the best interests of the company, its stakeholders and the Nigerian authorities. We urge our customers not to panic as we do not envisage any disruption to our operations.”

http://www.vanguardngr.com/2016/01/n1-04trn-fine-we-expect-no-operation-disruptions-for-not-paying-fine-mtn/

1 Like 1 Share

Re: N1.04trn Fine: We Expect No Operation Disruptions For Not Paying Fine —MTN by Realdeals(m): 8:45am On Jan 01, 2016
Happy New Year Nairalanders!

3 Likes 2 Shares

Re: N1.04trn Fine: We Expect No Operation Disruptions For Not Paying Fine —MTN by naijafella(m): 8:48am On Jan 01, 2016
Respect the laws of any land you operate in.If you chose to flout our regulations in Nigeria, don't hesitate to pay your fines.

54 Likes 2 Shares

Re: N1.04trn Fine: We Expect No Operation Disruptions For Not Paying Fine —MTN by chrixus(m): 8:50am On Jan 01, 2016
MTN ! By monday you would know what's up.... For those afraid that MTN would pack their loads and leave, they can't afford it and if they do. They can't move their mast and other equipments rather, they will sell their license to another willing investors. At the long run we gain

60 Likes 1 Share

Re: N1.04trn Fine: We Expect No Operation Disruptions For Not Paying Fine —MTN by Raiders: 8:51am On Jan 01, 2016
federal government is going to nationalize mtn soon and sized all mtn assets

17 Likes 2 Shares

Re: N1.04trn Fine: We Expect No Operation Disruptions For Not Paying Fine —MTN by ichommy(m): 8:51am On Jan 01, 2016
yinmu @ MTN Una dey smoke bah

14 Likes 1 Share

Re: N1.04trn Fine: We Expect No Operation Disruptions For Not Paying Fine —MTN by looseweight: 8:51am On Jan 01, 2016
Its either you pay up or loose your properties to the fed govt. You flouted a rule and you gat to be punished....

17 Likes 2 Shares

Re: N1.04trn Fine: We Expect No Operation Disruptions For Not Paying Fine —MTN by omusiliyu(m): 8:51am On Jan 01, 2016
They're playing with fire. They should better pay our money.

7 Likes

Re: N1.04trn Fine: We Expect No Operation Disruptions For Not Paying Fine —MTN by ichommy(m): 8:52am On Jan 01, 2016
naijafella:
Respect the laws of any land you operate in.If you chose to flout our regulations in Nigeria, don't hesitate to pay your fines.

2 likes

4 Likes

Re: N1.04trn Fine: We Expect No Operation Disruptions For Not Paying Fine —MTN by Realdeals(m): 8:52am On Jan 01, 2016
MTN are playing with fire

5 Likes

Re: N1.04trn Fine: We Expect No Operation Disruptions For Not Paying Fine —MTN by JonSnow(m): 8:53am On Jan 01, 2016
waiting... watching
Re: N1.04trn Fine: We Expect No Operation Disruptions For Not Paying Fine —MTN by Acidosis(m): 8:53am On Jan 01, 2016
Where is that pathetic boko haram Minister?

Today is 1st Jan., 2016 and many Nigerians including YOU Sir, made sound calls to their love ones. Nigeria did not burn, MTN has not closed shop.

MTN will not pay that fine to augment your inabilities to fund common budget. Go and work for your money; no FREE food for a non-innovative government.

If you've got no further ideas, distribute cutlasses and hoe to almajiris, especially the sai baba crew and let everybody go and FARM.

Refusal to reduce that fine to a barest minimum is an evidence of LONG THROAT. We must kill the entitlement and omo-onile crazy mentalities, lest we destroy the youths in the country.

50 Likes 5 Shares

Re: N1.04trn Fine: We Expect No Operation Disruptions For Not Paying Fine —MTN by gen2briz(m): 8:53am On Jan 01, 2016
Them Never collect una licences. chai

1 Like

Re: N1.04trn Fine: We Expect No Operation Disruptions For Not Paying Fine —MTN by EagleScribes: 8:53am On Jan 01, 2016
Let the season film continue.

MTN themselves are not helping matters with their nonsense attitudes

2 Likes

Re: N1.04trn Fine: We Expect No Operation Disruptions For Not Paying Fine —MTN by allthingsgood: 8:53am On Jan 01, 2016
Una neva see anything. You think you can just do as u like in our country ba. Ok, by the time we are done u guys will be extinct!

9 Likes

Re: N1.04trn Fine: We Expect No Operation Disruptions For Not Paying Fine —MTN by Nobody: 8:53am On Jan 01, 2016
You can't try this in SA.

Even if it demands the courts to sit on Saturday and Sunday to hear the suits, the judiciary in SA would do the needful. Anyway, let's see how it pan out maybe even in the Supreme Court

5 Likes 1 Share

Re: N1.04trn Fine: We Expect No Operation Disruptions For Not Paying Fine —MTN by CACAWA(m): 8:54am On Jan 01, 2016
Still struggling with Maths ?

https://www.youtube.com/watch?v=FaEb9RzOYTU

2 Likes

Re: N1.04trn Fine: We Expect No Operation Disruptions For Not Paying Fine —MTN by emmygzy(m): 8:54am On Jan 01, 2016
Chai mtn disconnected my line with 4.5 gig data. NCC withdraw their license.

12 Likes

Re: N1.04trn Fine: We Expect No Operation Disruptions For Not Paying Fine —MTN by HDee(m): 8:54am On Jan 01, 2016
They just gave out scholarships, pls the govt should be lenient

1 Like 3 Shares

Re: N1.04trn Fine: We Expect No Operation Disruptions For Not Paying Fine —MTN by kombats: 8:55am On Jan 01, 2016
MTN carry gbese and wahala enter new year

2 Likes

Re: N1.04trn Fine: We Expect No Operation Disruptions For Not Paying Fine —MTN by Goodyshoes(m): 8:55am On Jan 01, 2016
The laws of the land in any operational area should be respected.
Who does MTN feel they are
They would be having a sad new years day when the FG is done with them....

Meanwhile, Happy New Year....!!!

8 Likes

Re: N1.04trn Fine: We Expect No Operation Disruptions For Not Paying Fine —MTN by jmoore(m): 8:55am On Jan 01, 2016
Good one.

The fine is too much. It will eventually be reduced.

Una wan use mtn fund 2016 budget abi?

15 Likes 2 Shares

Re: N1.04trn Fine: We Expect No Operation Disruptions For Not Paying Fine —MTN by AroOkigbo(m): 8:55am On Jan 01, 2016
Rule of law! This case is pending court ruling. ..
Re: N1.04trn Fine: We Expect No Operation Disruptions For Not Paying Fine —MTN by glamourroudy(m): 8:56am On Jan 01, 2016
The case is still pending in court............I see no reason for mtn to pay d fine yet

5 Likes

Re: N1.04trn Fine: We Expect No Operation Disruptions For Not Paying Fine —MTN by HopeAtHand: 8:56am On Jan 01, 2016
Hehehe.

They aint paying the fucking money. They just said that to our faces.

Now lets see how serious this regime is about enforcement.

7 Likes

Re: N1.04trn Fine: We Expect No Operation Disruptions For Not Paying Fine —MTN by Goodyshoes(m): 8:57am On Jan 01, 2016
Let me quickly get a different line....
I don't trust MTN any longer.

1 Like

Re: N1.04trn Fine: We Expect No Operation Disruptions For Not Paying Fine —MTN by DirtyGold: 8:57am On Jan 01, 2016
What balls! As much as I emphatize with mtn being an entreprenuer, I don't like their audacity.

NCC should should reverse the reduction and give them seven days to pay or withdraw their license, simple!

3 Likes

Re: N1.04trn Fine: We Expect No Operation Disruptions For Not Paying Fine —MTN by orisa37: 8:57am On Jan 01, 2016
MTN is standoffish but we are watching this case.

1 Like

Re: N1.04trn Fine: We Expect No Operation Disruptions For Not Paying Fine —MTN by Haywhymido(m): 8:57am On Jan 01, 2016
U will soon knw how e dey go

1 Like

Re: N1.04trn Fine: We Expect No Operation Disruptions For Not Paying Fine —MTN by endtimesblog: 8:58am On Jan 01, 2016
Ok

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