MTN Nigeria: Shareholders must exercise caution

October 30, 2015 8:21 am0 comments
Sifiso Dabengwa, Former  MTN Group CEO

JOHANNESBURG, (CAJ News) – THE MTN Group reported its Chief Executive Officer, Sifiso Dabengwa, was now part of negotiations to resolve its problems in Nigeria, where its unit has been heavily fined. The Nigeria Communications Commission earlier this week slapped MTN Nigeria with a landmark fine equaling US$5,2 billion for the mobile network operator’s […]

Read more ›

EXCLUSIVE: Record fine leaves SA’s MTN in a quandary in Nigeria

October 29, 2015 7:32 am3 comments
EXCLUSIVE: Record fine leaves SA’s MTN in a quandary in Nigeria

from AUGUSTINE OSAYANDE in Lagos and SAVIOUS KWINIKA in Johannesburg LAGOS, (CAJ News) – MTN, the continent’s largest network operator by market share, finds itself in a lurch in its biggest market after the Nigeria Communications Commission fined it heavily for allegedly undermining efforts by the government to tackle security […]

Read more ›

Mobile industry reacts to record NCC penalty

October 28, 2015 2:30 pm0 comments
Mobile industry reacts to record NCC penalty

ABUJA, (CAJ News) – MOBILE network operators have denounced the fine the Nigerian Communications Commission (NCC) has imposed on fellow operator,MTN Nigeria. The country’s biggest operator has been slapped with a fine of more than N1 trillion for failing to deactivate unregistered subscriber indentify module (SIM) cards on their network, in line […]

Read more ›