MTNGroup will hold even more discussions with Nigerian authorities in an effort to further reduce a fine imposed on the South African firm for failure to cut off unregistered users, a source familiar with the matter said on Thursday.
Telecom giant to hold more talks with NCC to further reduce fine
"The fine is still big enough to cripple MTN's ability to invest in its network and that's what further talks with the NCC are about," the source said.
A customer leaves an MTN shop in Johannesburg April 10, 2012. REUTERS/Siphiwe Sibeko
The Nigerian Communications Commission (NCC) has reduced the penalty to $3.4 billion from $5.2 billion and given MTN until the end of the year to pay it.
MTN's spokesman Chris Maroleng declined to comment.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
33 states at high risk of flooding problems between July and September
71-year-old Putin extends reign as Russian president to 2030, sworn in for 5th term
Sanwo-Olu wants Lagosians to be friendly to corps members
Governor Adeleke vows to invest in Ile-Ife and restore its lost glory
Tech industry gets green push as NGO unveils eco-friendly initiative
Senate creates committee to investigate Abuja Centenary City project delay
NNPC assures over 30-day fuel supply, urges motorists against panic buying
Presidency gives fresh update on Tinubu's return date from foreign trip
Adeleke laments poor infrastructure, promises to revive Ile-Ife's legacy
Pulse Sports
Chelsea set to offer Romelu Lukaku and cash for Super Eagles star Victor Osimhen
Mikel Obi: Super Eagles legend goes viral speaking Hausa
Anthony Joshua: Nigerian-born boxer teams up with Mariah Carey, Naomi Campbell and Cuppy in France
ADVERTISEMENT