Nigeria Fines Telecom Giant MTN $5bn - Phones (2)

Nigeria Fines Telecom Giant MTN $5bn - Phones (2) - Nairaland

Nairaland Forum › Science/Technology › Phones › Nigeria Fines Telecom Giant MTN $5bn (39130 Views)

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Re: Nigeria Fines Telecom Giant MTN $5bn by Nobody: 1:17pm On Oct 26, 2015

Re: Nigeria Fines Telecom Giant MTN $5bn by Warlord3000(m): 1:17pm On Oct 26, 2015

Good news

Re: Nigeria Fines Telecom Giant MTN $5bn by Sweetguy25: 1:17pm On Oct 26, 2015

Lol. Thats MTNs 1 year profit. Thats huge! shocked

Re: Nigeria Fines Telecom Giant MTN $5bn by michaeadi(m): 1:18pm On Oct 26, 2015

These is not the kind of fine we expect from NCC.. Inasmuch as MTN Nigeria is not the market favorites. NCC should at least provide enabling environment for business to thrive... May these developments not lead to rippling effects on the job market

Re: Nigeria Fines Telecom Giant MTN $5bn by timmycris(m): 1:18pm On Oct 26, 2015

I was tinkin it shud be $10bn tho

3 Likes

Re: Nigeria Fines Telecom Giant MTN $5bn by Nobody: 1:18pm On Oct 26, 2015

We dont need call tarrifs anymore,just focus on data bundles,1k for 10gb no bad rara

Re: Nigeria Fines Telecom Giant MTN $5bn by mployer(m): 1:18pm On Oct 26, 2015

Is MTN Worth That amount?

1 Like

Re: Nigeria Fines Telecom Giant MTN $5bn by Gelengelen: 1:19pm On Oct 26, 2015

convert this fine to Free data and send to our lines abeg

1 Like

Re: Nigeria Fines Telecom Giant MTN $5bn by MSItachi: 1:19pm On Oct 26, 2015

The Final BLOW

Re: Nigeria Fines Telecom Giant MTN $5bn by hob(m): 1:19pm On Oct 26, 2015

i dont use Emptyhen

Re: Nigeria Fines Telecom Giant MTN $5bn by MrPristine: 1:20pm On Oct 26, 2015

The $5 billion figure doesn't make sense huh

i am sure there is a mistake somewhere.

1 Like

Re: Nigeria Fines Telecom Giant MTN $5bn by Nobody: 1:20pm On Oct 26, 2015

I agree with them, but the fined is 2 much.....i read last wk they lost 5million sub frm nigeria due to reg or reg.. 2 much

Re: Nigeria Fines Telecom Giant MTN $5bn by neocortex: 1:20pm On Oct 26, 2015

zizirecords:
Oh my God! See me dancing! MTN just stole 8000NGN credit from my phone last week with no adequate redress even when I called them several times.

God catch them. Steal 8000NGN, repay 5 billion.

Picture of your N8000 acct balance or adonbilivit.

Re: Nigeria Fines Telecom Giant MTN $5bn by Nobody: 1:22pm On Oct 26, 2015

Yoba Chukwu, pebe epele........ grin

1 Like

Re: Nigeria Fines Telecom Giant MTN $5bn by cupidhero(m): 1:23pm On Oct 26, 2015

5 billion dollars is too small. MTN should pay more than that. DSTV na angel compared to MTN.

1 Like

Re: Nigeria Fines Telecom Giant MTN $5bn by neocortex: 1:23pm On Oct 26, 2015

This can't be true ,
Fines are usually commensurate to offense.
I doubt if any company in Nigeria can pay up
to $5 Billion tax annually let alone fine.

3 Likes 1 Share

Re: Nigeria Fines Telecom Giant MTN $5bn by Nobody: 1:24pm On Oct 26, 2015

iliyande:
MTN subscribers be ready to pay for the fine,

:DMTN will make sure they deduct the money from your daily recharge to pay for the fine

Guy u are correct!
MTN zapped my N50 credit yesterday.
I've been on dia neck to refund it to no avail.
All ds dia customer service sef no dey help matter. They kept dribbling me.
Now I know why.
Good for them!! God punish devil!!

1 Like 1 Share

Re: Nigeria Fines Telecom Giant MTN $5bn by Sweetguy25: 1:24pm On Oct 26, 2015

mployer:
Is MTN Worth That amount?

MTN has been consistently making an average of 700 billion naira annually in profits for the past five years in Nigeria. Figure the rest out for yourself

1 Like

Re: Nigeria Fines Telecom Giant MTN $5bn by Olayinka8793(m): 1:25pm On Oct 26, 2015

Re: Nigeria Fines Telecom Giant MTN $5bn by zizirecords(m): 1:25pm On Oct 26, 2015

neocortex:
Picture of your N8000 acct balance or adonbilivit.

You go school? I said the money was stolen. How can I take a screenshot of an exhausted balance?
tongue

Re: Nigeria Fines Telecom Giant MTN $5bn by rusher14: 1:26pm On Oct 26, 2015

We need to look beyond the economic implication and insist on this security measures.

With anonymous subscribers and the present security challenges - Boko Haram, it makes it easy to obtain a sim card, wreak havoc without a chance of being traced.

The hefty fine might sound the death knell for MTN however, which despite their abuses should not be encouraged.

Re: Nigeria Fines Telecom Giant MTN $5bn by Idrismusty97(m): 1:27pm On Oct 26, 2015

Nice! Thunder fire MTN....If not for simpleserver the Network is virtually useless. Thiefs!

3 Likes

Re: Nigeria Fines Telecom Giant MTN $5bn by Nobody: 1:27pm On Oct 26, 2015

That's good, Dstv should also be fined...

1 Like

Re: Nigeria Fines Telecom Giant MTN $5bn by Nobody: 1:28pm On Oct 26, 2015

Idrismusty97:
Nice! Thunder fire MTN....If not for simpleserver the Network is virtually useless. Thiefs!

Bros, you sef dey the thing.... 350 per week unlimited

1 Like

Re: Nigeria Fines Telecom Giant MTN $5bn by Adesiji77: 1:29pm On Oct 26, 2015

It is a season of fines...

But $5billion? shocked

Re: Nigeria Fines Telecom Giant MTN $5bn by Idrismusty97(m): 1:30pm On Oct 26, 2015

Weselion:
Bros, you sef dey the thing.... 350 per week unlimited

No, It's the N70 for 5GB for now. What's the code for the unlimited?

Re: Nigeria Fines Telecom Giant MTN $5bn by Kx: 1:31pm On Oct 26, 2015

DSTV enjoy for now.

$5dollars will be piece of cake compared to what will be slammed DSTV when jungle mature.

Re: Nigeria Fines Telecom Giant MTN $5bn by justicej1(m): 1:31pm On Oct 26, 2015

I think it has got to a point when subscribers will take action against telecom giants. whatever happened to class action suits.

Re: Nigeria Fines Telecom Giant MTN $5bn by Lincoln275(m): 1:33pm On Oct 26, 2015

wow! i love dz news, dt fine no go stop punishment wey God have for them ooooo, useless network

Re: Nigeria Fines Telecom Giant MTN $5bn by BreezyCB(m): 1:34pm On Oct 26, 2015

Druq Money

1 Like

Re: Nigeria Fines Telecom Giant MTN $5bn by naptu2(op): 1:35pm On Oct 26, 2015

[size=14pt]FG fines MTN N980bn for failing to disconnect unregistered subscribers[/size]

By Zakariya Adaramola with Agency report | Publish Date: Oct 26 2015 11:54AM | Updated Date: Oct 26 2015 1:26PM

The Nigeria Communications Commission (NCC), the country's telecommunications regulator, has issued mobile phone firm MTN Nigeria, with a $5billion (N980 billion) fine for failing to disconnect subscribers with unregistered Sim cards bought before January 2012.

From that date anyone buying a Sim card in Nigeria has had to register it under their name by law.

When contacted, Funsho Aina, MTN’s Public Relation Manager, confirmed the fine but said the company was preparing a statement to be released later on Monday.

He said MTN is a law abiding company that would not do anything that contradicted NCC’s Acts.

“Yes, it is true we aware but we are doing a statement which will be sent out to you soon. As soon as our boss approves it, we will send it to you. We are law abiding and we have always done our business within the confine of the Acts”, he said.

Telecoms companies were told to register their existing customers' Sim cards, which MTN Nigeria - the biggest telecommunications firm in Nigeria - has failed to do.

The fine is the largest in the history of telecom infringements in Nigeria and may redefine the relationships between telecommunications operators and the regulator.

Nigerians continue to complain about poor services from mobile network operators and blame the regulators for not doing enough to solve the problem.

http://www.dailytrust.com.ng/news/business/fg-fines-mtn-n980bn-for-failing-to-disconnect-unregistered-subscribers/116508.html

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