The South African mobile phone operator MTN Group withdrew its lawsuit against Nigeria’s regulator over a $3.9 billion fine and paid $250 million toward a possible settlement.

Last month a judge in the former capital city of Nigeria Lagos, gave both parties until March 18 to reach a settlement, after MTN had asked the court to arbitrate over the dispute, saying the Nigerian Communications Commission (NCC) had no legal grounds to order the fine.

The South African MTN, which makes about 37 percent of its sales in Nigeria, said it would withdraw its court challenge in an effort to reach an amicable settlement and make a “good faith payment” of $250 million toward a possible settlement.

“This is a sign that the fine could be reduced much further. There is some sort of negotiation taking place and the parties are migrating towards a common ground,” said Dobek Pater, managing director of Africa Analysis.

The original penalty was based on fining MTN $1,000 for every unregistered SIM card in use.

Nigeria has been trying so hard to halt the widespread use of unregistered SIM cards amid worries they are being used for criminal activity, including by the Islamist group Boko Haram. The fine also came months after Muhammadu Buhari was swept to power after an election campaign which pledged tougher regulation and a fight against corruption. http://.com/2016/02/24/mtn-pays-nigeria-250-million-fine/

hmmmm,watching in 3D

Yeye pipu! U think say na play we dey play? I don port since to Glo. at least make I support my country man.
since they had the guts to even employ former US attorney after hiring Nigeria SANs now e don clear for their eyes! Lai Lai you mist pay the whole fine, the leniency we talk before we no go do am again.
**Modified
Chai see how I dey mix pidgin English in my supposed professional comment. SMH