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MTN To Challenge $3.9bn Fine By Taking NCC To Court

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MTN will challenge the $3.9 billion fine imposed on it by the Nigerian Communications Commission (NCC). MTN, in a statement to shareholders today, said it decided to take this route after exhausting all other options to have the fine reduced. MTN said that "All factors having a bearing on the matter have been thoroughly and carefully considered, including a review of the circumstances leading to the fine and the subsequent letters received from the NCC." "MTN Nigeria, acting on legal advice, has resolved that the manner of the imposition of the fine and the quantum thereof is not in accordance with the NCC's powers under the Nigerian Communications Act and therefore there are valid grounds upon which to challenge the fine." According to Reports, MTN has told its lawyers to "proceed with legal action in the federal high court in Lagos to seek the appropriate relief." The group added that they have been advised that "in the...

NCC Has Fined Glo and Etisalat N14.4 Million For Not Deactivating Pre-registered Sim cards

The Nigeria Communication Commissions (NCC) Which is the Registered body To regulate All Activities of The Telecommunications Company In Nigeria. NCC On August 7 Instructed all Network Operators To Deactivate all pre-registered SIM Cards Within 7 Days and to Block The Unregistered Sim Cards. This Was Made Compulsory A day After Nigeria Was recorded To Have The Highest number of internet users in the Africa which Is about 88 million users. The Chief Executive of the Nigerian Communication Commissions, Prof. Umar Garba Danbatta is not Happy at all and He swear to bring transparency And dignity in the Telecoms Sector Of Nigeria. Etisalat and Globacom, Which Didnt Comply To The Instructions Given To deactivate/Block unregistered SIM Cards, And Also Sort Out Unverified biometrics, has been fined 14.4 million Naira and they were given A Deadline for the payment which is September 7. The 14.4 million Naira Will Be Shared Between the two Telecom operators With Etisalat paying...