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Friday, 10 June 2016

MTN Agrees To Pay Nigerian $1.7Billion 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.

4 comments:

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  2. Pretty unexpected, I suppose. At least, for me it was custom writing service so. Nevertheless, I would like to wait for some time and see if something would change in their politics after some time.

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