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Regulator's blunder sees MTN Nigeria fine increase to $3.9bn

2015-12-07 01:00:00| Total Telecom industry news

Telco receives second letter with correct penalty after NCC reportedly made a typo on the first.

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Red Light Cameras: City can fine tune some program aspects and solidify plans for future (Report 466) - 7/22/15

2015-12-05 01:16:49| PortlandOnline

An audit of Portland's red light camera program PDF Document, 8,098kbCategory: 2015 Reports

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This week in beer and cider, featuring Heineken's fine, 'craft' suspicions and AB InBev/SABMiller latest

2015-12-04 14:05:00| Daily beverage news and comment - from just-drinks.com

Here's a round-up of this week's top stories in the global beer & cider categories. We also have similar round-ups for soft drinks & bottled water and spirits & wine.

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Nigeria reduces $5.2bn MTN fine

2015-12-03 09:58:13| BBC News | Business | UK Edition

Africa's largest mobile operator, MTN has succeeded in its bid to reduce a $5.2bn fine imposed by Nigerian authorities for failing to cut off unregistered users.

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NCC reduces MTN fine to USD 3.4 billion

2015-12-03 09:23:00| Telecompaper Headlines

(Telecompaper) MTN Group's negotiations with the Nigerian Communications Commission (NCC) have led to the fine against the operator being reduced to the equivalent of USD 3.4 billion from USD 5.2 billion previously. In a statement, MTN said it received a formal letter dated 2 December from the NCC informing the company that, after considering the company's request, it has taken the decision to reduce the fine on MTN Nigeria from the original NGN 1.04 trillion to NGN 674 billion, to be paid by 31 December. The fine relates to the late disconnection of 5.1 million MTN Nigeria subscribers in August and September for failure to register their personal details. MTN said its carefully considering the NCC's reply, and Executive Chairman Phuthuma Nhleko will "immediately and urgently" re-engage with the Nigerian authorities before responding formally.

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