MTN Nigeria fined $5.2 billion for disconnecting usersStaff 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.
Telecommunications 3.4-million of these subscribers have been reconnected
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. ■