BREAKING NEWS
Breaking

728x90

468x60

MTN, NCC discuss N1.04 Trillion SIM registration sanction



Mobile phone operator, MTN, yesterday, disclosed that it was discussing with the regulatory agency, Nigerian Communica-tions Commission, NCC, on how best to resolve the N1.04 trillion fine for failing to fully deactivate subscribers with unregistered and incomplete Subscriber Identification Modules, SIM, cards details on their networks within the stipulated time.



NCC, after due consultation with the National Security Adviser, NSA, and other stakeholders in the industry, had agreed that pre-registered SIMs and others found to be defective should be deactivated.

Based on regulations, there will be sanctions as stipulated by SIM Card Registration Code, Section 19 to 21, where it was stated that per SIM found defective on the network, erring operator will be made to pay N200,000, which was set out on May 1, 2010.

Already, the Corporate Services Executive, of MTN, Akinwale Goodluck, in a statement said: “MTN confirmed that NCC has imposed a N1.4 trillion fine ($5.2bn) on MTN Nigeria.

“The fine relates to the timing of the disconnection of the 5.1 million MTN subscribers that were disconnected in August and September, and is based on a N200,000 fine for each improperly registered subscriber.

“MTN Nigeria is currently engaging with NCC to resolve the matter.”
Click to signup for FREE news updates, latest information and hottest gists everyday


Advertise on NigerianEye.com to reach thousands of our daily users
« PREV
NEXT »

No comments

Kindly drop a comment below.
(Comments are moderated. Clean comments will be approved immediately)

Advert Enquires - Reach out to us at NigerianEye@gmail.com