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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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Nigeria lowers MTN fine to $3.4bn

2015-12-03 01:00:00| Total Telecom industry news

MTN Nigeria CEO steps down as telco restructures in bid to strengthen operational oversight.

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ETL Systems' Dextra Splitters And Combiners Selected By MTN

2015-12-02 16:04:52| rfglobalnet News Articles

The latest Dextra series of active splitters and combiners from ETL Systems has been chosen to be used at MTN’s teleport in Holmdel, New Jersey. The equipment will serve MTN’s routing needs, offering redundant power supplies and amplifiers needed for the required reliability and resiliency that is demanded of MTN’s large earth station.

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Nigerian governors say MTN must pay $5.2bn fine

2015-11-20 01:00:00| Total Telecom industry news

State governors advise Nigerian government to ensure telco pays fine promptly and in full.

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