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Telecom regulator confirms has paid $250M in fine dispute
Travellers walk past an MTN telecom shop at King Shaka International Airport in Durban, South Africa, November 16, 2015. REUTERS/Rogan Ward
MTN had announced the downpayment last week.
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Nigeria's communications commission said on Monday South African cellphone network operator MTN has paid $250 million towards a possible settlement following the regulator's claim for $3.9 billion in fines for failing to disconnect unregistered SIM users in time.
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It said in a statement negotiations to settle were continuing.
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