Telecom

Nigeria: Other networks plead for reduction of fine imposed MTN

Tuesday, 26 April 2016 22:45

In Nigeria, the telecom operators association, ATCON, pleaded for the reduction of the $3.9 billion fine imposed MTN for failing to deactivate unregistered SIM cards. The group which regroups Airtel, Glo, Etisalat, through its president, Lanre Ajayi, demanded that the fine is reduced to an amount not above the firm’s annual profit.

ATCON says it has learnt its lesson from the crisis that MTN has been going through since October 2015. Lanre Ajayi said the telecom firm, leader of the local market in terms of market shares and revenues had its reputation damaged, and lost both market shares and revenues. ATCON’s president said his group decided to plead because it believes that the telecom operator in no way infringed any law with the intent to threaten national security.

Presently, Nigeria’s chamber of representatives is investigating MTN to determine the impact of its the action that brought the fine. In case it emerges that MTN’s action allowed Boko Haram to kill hundred of Nigerians, it could be sued by parliamentary.

On the same topic
Yango pledges compliance with Namibia’s tighter e-hailing regulations Company to ensure drivers obtain permits, strengthen verification...
M-Pesa Ethiopia partners Amhara to enable digital tax payments Safaricom expands services aligning with national digital strategy Platform...
Authorities plan to ban pre-registered SIM card sales and launch a subscriber re-identification campaign. Measures respond to a surge in...
UNCDF, Co-op Bank Kenya sign guarantee to boost digital lending Risk-sharing aims expand financing access for startups, platforms Deal supports...
Most Read
01

Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...

Telecel Ghana plans 150% investment increase in MTN-dominated market
02

Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...

Togo Passes Law to Criminalize Counterfeiting of West African CFA Franc
03

Namibia and Russia agreed to expand cooperation across energy, mining, and agriculture. Both coun...

Namibia and Russia Expand Economic Cooperation Across Key Sectors
04

Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...

Cameroon Signs $1.5 Billion Waste-to-Energy MoUs Amid Urban Sanitation Strain
05

CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...

Strengthening the Business Climate in WAEMU Countries: CCR-UEMOA Reviews Its Midterm Record
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.