Michael Ikpoki News

Nigeria has reduced its record MTN fine to $3.4 billion

Nigeria cuts record MTN fine 35% to $3.4 billion

The Nigerian government has agreed to reduce the hefty fine imposed on MTN to $3.4 billion following lengthy negotiations between the two parties.

Mobile Network Towers

MTN Nigeria to transfer up to 9,151 towers to IHS-MTN joint venture

In line with continued efforts to further raise service levels for its customers in Nigeria, MTN has reached an agreement in principle with IHS Holding Limited (“IHS”) for the transfer of its towers business, comprising of up to 9,151 of MTN’s mobile network towers in Nigeria.