Nigeria open to deal with mobile group MTN over $3.9B fine

Nigeria is open to an amicable out-of-court settlement with South Africa‘s MTN over a $3.9 billion fine imposed on the cell phone operator, a top regulatory official said on Wednesday.

This represents a thaw in a three-month standoff between Africa’s largest mobile operator and the continent’s biggest economy.

The dispute began when the Nigerian Communications Commission (NCC) fined MTN $5.2 billion in October for failing to disconnect users with unregistered SIM cards by a set date.

Read more: Nigeria open to deal with mobile group MTN over $3.9 bln fine – Yahoo7

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