MTN to re-engage NCC amid confusion
MTN said it would re-engage the Nigeria Communications Commission (NCC) amid some confusion around the reduction of a fine the regulator has imposed for a failure to disconnect millions of unregistered subscribers.
On Thursday, MTN reported it received a letter, dated Wednesday 02, from the NCC (the first letter) informing the company that, after considering its request, it had taken the decision to reduce the fine imposed on MTN Nigeria from the original N1.04 trillion (US$5.2 billion) to N674 billion.However, it has emerged MTN has received another letter from the NCC, dated Thursday 04 (the second letter), which was stated to supersede the first letter, informed the company that the fine had actually been reduced by 25 percent to N780 billion and not by 35 percent to 674 billion, as was stated in the First Letter.
The payment date remained December 31.
“Neither the first letter nor the Second Letter sets out any details on how the reduction was determined,” said MTN on Friday.
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