While pleading for staggered payment model, MTN has finally bowed to
pressure as it has accepted to pay the N1.04 trillion fine slammed on it
last week by the telecoms regulatory authority, the Nigerian
Communications Commission (NCC).
Accordingly, the telecoms operator was fine for violating its directive on SIM deactivation.
This follows series of meeting held between MTN management team from
South Africa and Nigeria with the Vice President, Prof. Yemi Osinbajo.
The telecoms operator which has largest subscriber base in Nigeria,
it was gathered, may have agreed to pay the fine to sustain the interest
of its telecoms business.
Industry sources who confirmed the new arrangement, disclosed that
the federal government is already yielding to the plea, which according
to him, was part of the agreement reached at the series of meeting held
at the weekend in Nigeria.
“There have been series of meeting at the Presidency between the Vice
President Osinbajo and MTN team both from South Africa and the Nigerian
arm. MTN wanted a waiver considering their level of investments in the
country, but government did not buy the idea of waiver. Instead, I think
there will be concession, but certainly not a waiver. At the conclusion
of the meeting, the MTN people negotiated on how to stagger the
payment. The Presidency is even angry because MTN was a signatory to the
regulation, but they are failing to comply with rules.”, the source
added.
It would be recalled that NCC had said that MTN would not escape the
fine, owing to the enormity of its implication to national security.
Although NCC had hinted that the issue is being handled by the
federal government, the telecoms authority also noted that MTN would
risk withdrawal of its licence if its fails to comply with the fine.
Even with the widespread calls for the intervention of the Office of
the National Security Adviser (NSA), on the N1.04 trillion fine, Chief
Femi Falana, a Senior Advocate of Nigeria (SAN), had last week called on
the NSA not to intervene in the matter, adding that NCC regulation must
take its course.
NCC said it had consistently engaged Mobile Network Operators, (MNOs)
to strictly adhere to the regulations and its business rules in the
registration of their subscribers.
Following several engagements, the Commission had confirmed various
cases of violations of the regulations and sanctioned appropriately.
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