Finally MTN Agrees To Pay $1.7Billion NCC Fine

Finally the South African telecoms giant MTN said on 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. You would recall we brought to you that negotiations between the telecom giant and the Nigerian government was recently resumed in a bid to get a lasting solution to the fine

In case you miss the story : NCC Fine MTN & Others N5m For Unsolicited SMS & Calls

Interestingly The company said in a statement that “MTN Nigeria has agreed to pay a total cash amount of Naira 330 billion over three years.”

Must Read : Nigeria Government resume Talks with MTN on Billion Dollar Fine

Africa’s biggest wireless operator was fined $3.9 billion last year and has since been in negotiations with the government over the payout.
AFP

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Well we do hope they actually pay the fine this time around and get over it, we are all waiting for their proposed 4G LTE soon to be launched, in other news you can check the full list of cheap mtn data for june