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MTN Nigeria fined $5.2 billion for disconnecting users

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Staff writer ▼ | October 27, 2015
The Nigerian Communications Commission (NCC) has slapped MTN Nigeria with a $5.2 billion penalty for the disconnection of 5.1 million of its subscribers.
MTN Nigeria
Telecommunications   3.4-million of these subscribers have been reconnected
The group said the fine "relates to the timing" of the disconnection. Last week, MTN announced that its subscriber base in Nigeria marginally declined to 62.5-million for the three months to September.

This was mainly as a result of the disconnection of 5.1 million subscribers at the end of August 2015 in line with industry-wide regulatory registration requirements. To date, 3.4-million of these subscribers have been reconnected.

MTN said it was in discussions with the regulator to resolve the matter. Last week the company reported a slowdown in quarterly subscriber growth and said performance continued to be impacted by ongoing regulatory restrictions.