Browsing: Nigerian Communications Commission

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MTN hasn’t asked us for help yet: Cwele

MTN hasn’t yet asked South Africa’s department of telecommunications & postal services for help regarding its multibillion-dollar fine in Nigeria. This is according to telecoms minister Siyabonga Cwele, who was speaking on the

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Nigeria tells MTN: give us R7,7bn more

The Nigerian Communications Commission (NCC) has told MTN that it didn’t actually mean it when it said it had cut the fine it imposed on the telecommunications operator by 35%. In a second letter to the group in as many days, it said the fine would be reduced instead by only 25%

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MTN in huge restructuring, management overhaul

The telecommunications group has received a major shake-up, which has resulted in the appointment of a new chief operating officer and the “resignation” of the CEO of its Nigerian operation. Nigerian CEO Michael Ikpoki and head of regulatory and corporate affairs

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MTN Nigeria fine reduced by a third

The Nigerian Communications Commission has decided to reduce the fine imposed on MTN by 35%, the telecommunications group said on Thursday. The size of the fine remains by far the largest fine ever imposed on a telecoms

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More trouble for MTN in Nigeria

Apart from facing a US$5,2bn fine in Nigeria, mobile network MTN has this year already paid millions of rands in other penalties, according to regulators. MTN announced in October that

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Vodacom sued for R200bn in DRC

Vodacom’s troubled relationship with the controlling shareholder of its minority partner in the Democratic Republic of Congo is once again emerging as a thorn in the telecommunications

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MTN share price crashes again

MTN’s share price slumped by more than 8% on Tuesday morning over fresh concerns among investors about whether the group, which is listed on the JSE, will have to pay the full amount of a

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MTN said to make progress on Nigeria fine

Nigerian regulators’ decision to extend a 16 November deadline to fine MTN R75bn suggests discussions are making headway, says an analyst. The Nigerian Communications Commission issued

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MTN won’t pay Nigeria fine today

MTN will not have to pay a US$5,2bn fine to Nigerian authorities today, 16 November, which was previously the deadline set down by the Nigerian Communications Commission for payment of the record-setting penalty after the telecommunications operator