PM News Nigeria

Fine Looming? NCC says MTN, Globacom, Etisalat violate porting time


The Nigerian Communications Commission (NCC) on Saturday said that MTN Nigeria, Globacom and Etisalat violated the Mobile Number Portability (MNP) process time obligations in the third quarter of 2015. The commission made this known in its `2015 3Q Compliance Monitoring and Enforcement Report’, obtained by NAN in Lagos. The regulatory body said to address the […]

$5.2bn Fine: “MTN must pay in full” – Nigerian governors


The governors of Nigeria’s 36 states said on Thursday that MTN must pay in full the fine imposed on it by its telecommunications regulatory body. The governors supported the telecom regulator in imposing a $5.2-billion (N1.04trillion) fine on the South African telecom group for failing to disconnect unregistered lines. The penalty, imposed on Africa’s biggest […]

MTN’s $5.2bn fine, largest in the world – Analysts

MTN jpg

Nigeria’s fine of $5.2 billion (N1.04 trillion naira) to MTN, Africa’s largest telecommunications company, is billions more than any company has been fined anywhere in the world and may well scare off investors, international analysts say. MTN was fined for having 5.2 million active but unregistered SIM cards. “It is totally out of proportion,” said […]

More troubles for MTN as Uganda fine telco $622,000

Phuthuma Nhleko, new chief executive of MTN

It is not only in Nigeria that MTN has run foul of the rules. It is also in hot water in Uganda, going by this report by Uganda’s New Vision newspaper: The Commercial court in Uganda has ordered telecom giant, MTN Uganda to pay a sum of Shs 2.3bn (about $662,000) in damages to EzeeMoney […]

No respite for MTN as Nigeria insists on $5.2bn fine


Ayorinde Oluokun/Abuja Efforts by MTN Nigeria to reduce the $5.2bn (N1.04 trillion) fine imposed on it by the Nigeria industry regulator, the Nigeria Communications Commission, NCC reduced over its failure to deregister over five million unregistered lines on its network seemed to have hit the brick wall at least for now. NCC said on Monday […]

Nigeria extends MTN’s $5.2bn fine payment

Phuthuma Nhleko, new chief executive of MTN

Nigerian authorities will not enforce a $5.2 billion fine on South Africa’s MTN until negotiations have been concluded, the telecommunications company said on Monday. The company, which earns 37 per cent of its revenues in Nigeria, last week appointed former chief executive Phuthuma Nhleko as executive chairman for six months to negotiate with Nigerian authorities […]

$5.2b fine: MTN denies asking for staggered payment

Phuthuma Nhleko, new chief executive of MTN

South African mobile phone firm MTN Group denied on Sunday that it has asked the Nigerian authorities to be allowed to pay by instalments a $5.2 billion fine due on Monday. “MTN refutes claims that we have arrived at any agreement of staggered payment of the fine. We caution against information from any source outside […]

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