MTN Offers U.S.$1.5 Billion to Settle Nigerian Fine
The telecom giant was fined U.S.$3.9 billion last year after failing to disconnect unregistered subscribers.
-
Nigeria:
MTN Offers to Settle Row With U.S.$1.5 Billion
Leadership, 11 March 2016
The South African telecom firm, Mobile Telecommunication Network (MTN), has proposed a slash of the $5.2billion fine imposed on it by Nigerian authorities to $1.5 billion. Read more »
-
Nigeria:
MTN Proposes N300 Billion for NCC Fine
Daily Trust, 11 March 2016
Mobile Telecommunication Network (MTN) has proposed to pay the federal government N300 billion for the fine slammed on it by the Nigeria Communication Commission (NCC), a document… Read more »
-
Nigeria:
Senate Reveals MTN's N300 Billion Proposal As Settlement for Fine
This Day, 11 March 2016
The Senate Committee on Communications yesterday revealed that MTN Communications Nigeria Limited has proposed to pay N300 billion ($1.5 billion) in the ongoing negotiations… Read more »
-
Nigeria:
N1.04 Trillion MTN Fine - Why FG Accepted Out-of-Court Settlement - Minister
This Day, 10 March 2016
The Minister of Communications Technology, Mr. Abdulraheem Adebayo Shittu, said on Friday that the federal government accepted the out-of-court settlement with MTN over the N1.04… Read more »
-
Nigeria:
House Insists Huge MTN Fine Must Be Paid in Full
This Day, 10 March 2016
The House of Representatives Committee on Telecommunications is insisting that the initial N1.04 trillion fine imposed on MTN Communications Nigeria Limited for failing to… Read more »
MTN Nigeria.
-
Nigeria:
MTN's N50 Billion Payment Inadequate, Must Pay All N1.04 Trillion Fine - Reps
Daily Trust, 10 March 2016
Members of the House of Representatives yesterday said the down payment of N50 billion by MTN as a step towards out-of-court settlement of its N1.04 trillion fine was inadequate… Read more »
-
Nigeria:
'MTN Has Demonstrated Some Goodwill'
Vanguard, 9 March 2016
The National Association of Telecommunications Subscribers (NATCOMS) on Wednesday urged the Federal Government to accept the N50 billion payment by MTN Nigeria as the total fine. Read more »
-
Nigeria:
Buhari Orders Re-Negotiation of MTN's N780 Billion Fine
Vanguard, 9 March 2016
President Muhammadu Buhari, yesterday, ordered re-negotiation of the N789 billion fine slammed on South African telecoms company, MTN, by Nigeria Communications Commission, NCC. Read more »
-
Nigeria:
Buhari - MTN Fuelled Boko Haram Insurgency
This Day, 9 March 2016
Speaking publicly for the first time yesterday since the fine on MTN Communications Nigeria Limited was imposed last October, President Muhammadu Buhari blamed the tardiness of the… Read more »
-
Nigeria:
Buhari Breaks Silence On U.S.$5.2 Billion MTN Fine
Daily Trust, 8 March 2016
President Muhammadu Buhari has broken his silence on the $5.2 billion fine slammed on the MTN Nigeria by the Nigerian Communications Commission (NCC). Read more »
-
Nigeria:
MTN Must Pay N1.04 Trillion Fine in Full - House Committee
This Day, 9 March 2016
The House of Representatives Committee on Telecommunications has insisted that the N1.04 trillion fine slammed on MTN Nigeria by the Nigerian Communications Commission, NCC, must… Read more »
InFocus
-
President Muhammadu Buhari has said that Boko Haram militants use unregistered sim cards to co-ordinate attacks. Read more »
-
The Nigerian Communications Commission says a team of federal negotiators is deliberating terms under which MTN will pay a balance of N730 billion in fines for failing to ... Read more »
-
South Africa's MTN says it has paid U.S.$250 million as a "gesture of good faith and commitment to continued efforts towards an amicable resolution" after the U.S.$3.9 billion fine ... Read more »