NCC
NCC lifts suspension of MTN’s regulatory services
By Adedeji Adeyemi Fakorede
Nigerian Communications Commission (NCC) has lifted its suspension of regulatory services to MTN.
NCC suspended regulatory services to MTN last year in October when the company was fined $5.2bn for failing to disconnect just over 5 million unregistered SIM cards. The NCC subsequently reduced the fine to $3.9bn.
ALSO SEE: More trouble for MTN as House insist on full payment
“This restoration of regulatory services will enable MTN Nigeria to pursue the necessary approvals, in accordance with the NCC regulatory process, for new tariff plans and promotions as well as other regulatory matters,” said MTN in a statement.
MTN Group earlier this month recorded a 51% drop in full-year profit as the company has set aside R9.29bn for its record multi-billion Nigerian fine.
Talks between MTN and authorities regarding the fine settlement are still ongoing.
MTN is Nigeria’s biggest mobile network with over 60 million subscribers.
-
Latest4 days agoLagos NURTW organising secretary Toba Ajiboye dies after gunmen attack
-
Business6 days agoNCC chief highlights trust as key to Nigeria’s digital transformation
-
Politics7 days agoADC urges FG to rescue Borno, Kwara kidnap victims after Oyo schoolchildren’s release
-
Maritime5 days agoLicensed port agents back FG’s Green Tax on imported vehicles
-
Business5 days agoNCC unveils cost-sharing framework to boost broadband rollout, end repeated road excavations
-
Latest7 days agoAtiku slams presidency over Oyo school rescue ‘silence’ claim
-
Aviation5 days agoNCAA, NAMA disagree over proposed revenue sharing formula
-
Latest7 days agoStructural cracks: LASBCA pulls down six-flat building in Abesan Estate (Video)