BREAKING: Telecoms giant MTN agrees to pay Nigerian $1.7 billion fine
South African telecoms giant MTN said Friday it would pay a $1.7 billion fine to the Nigerian government in a “full and final settlement” over its failure to disconnect unregistered mobile phone users.
The company said in a statement that “MTN Nigeria has agreed to pay a total cash amount of Naira 330 billion over three years.”
Africa’s biggest wireless operator was fined $3.9 billion last year and has since been in negotiations with the government over the payout.
AFP
The post BREAKING: Telecoms giant MTN agrees to pay Nigerian $1.7 billion fine appeared first on Punch Newspapers.
from Punch Newspapers http://ift.tt/1UGD1Tr
BREAKING: Telecoms giant MTN agrees to pay Nigerian $1.7 billion fine
![]()
Reviewed by KratosNG
on
14:15
Rating:
No comments:
Comment Policy
We’re eager to see your comment. However, Please Keep in mind that all comments are moderated manually by our human reviewers according to our comment policy, and all the links are nofollow. Using Keywords in the name field area is forbidden. Let’s enjoy a personal and evocative conversation.