Home BUSINESS MTN $5bn for failing to disconnect unregistered subscribers in Nigeria

MTN $5bn for failing to disconnect unregistered subscribers in Nigeria

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Nigeria’s Communications Commission (NCC),  has issued mobile phone firm MTN Nigeria, a $5bn (£3.5bn) fine for failing to disconnect subscribers with unregistered Sim cards bought before January 2012.https://i0.wp.com/cdn.pmnewsnigeria.com/wp-content/uploads/2015/10/Sifiso-Dabengwa.jpg?resize=476%2C349

From that date anyone buying a SIM card in Nigeria has had to register it under their name by law.

Phone companies were told to register their existing customers’ SIM cards, which MTN Nigeria – the biggest telecommunications firm in Nigeria – has failed to do.

The fine is the largest in the history of telecom infringements in Nigeria and may redefine the relationships between telecommunications operators and the regulator.

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Nigerians continue to complain about poor services from mobile network operators and blame the regulators for not doing enough to solve the problem.

A senior executive at MTN Nigeria tells me that the company will issue a statement on the fine later today.

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