Saturday, 21 November 2015

MTN yet to pay N1trillion fine as extended deadline expires

MTN Group on Friday failed to pay over N1trillion fine
imposed on it by the Nigerian Communications
Commission (NCC).
The company incurred the wrath of the regulatory
agency following its failure to disconnect over 5 million
unregistered subscribers from its network.
It was gathered that MTN and government officials
were still deliberating on the issue of reduction, mode of
payment and possible extension.

The initial deadline was November 16, but was shifted
to November 20 after series of meetings.
The Deputy Director, Public Affairs of the Nigerian
Communications Commission, NCC, Mr Sony Araba had
confirmed that talks were still on but that no money
had been paid yet.
He assured that conclusions reached at the meeting
would soon be made public.

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