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Tag Archives: NCC

MTN takes legal action against NCC over fine.

Below is the communique sent to MTN staff and share holders. Herewith a further update on the fine imposed on MTN Nigeria and renewal of cautionary announcement: Further to the SENS announcement issued by the Company on 4 December 2015, shareholders are advised that all factors having a bearing on …

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NCC reduces MTN fine from $5.2bn to $3.4bn

The Nigerian Communications Commission has reduced the $5.2bn imposed fine on MTN Nigeria to $3.4bn for flouting the regulatory body’s directive on SIM deactivation. NCC has also given MTN until the end of the year to pay the fine. After the cut is the mail MTN management sent to its …

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MTN, Globacom, Etisalat violates porting time – NCC

NCC

The Nigerian Communications Commission (NCC) on Saturday said that MTN Nigeria, Globacom and Etisalat violated the Mobile Number Portability (MNP) process time obligations in the third quarter of 2015. The commission made this known in its `2015 3Q Compliance Monitoring and Enforcement Report’, obtained by NAN in Lagos. The regulatory …

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NCC extends MTN operating licence to 2021

Despite the $5.2bn (£2.7bn) facing the mobile phone company MTN in Nigeria, the authorities there have approved the renewal of its license up until 2021. The Nigerian Communications Commission said this will cost nearly $100m. On Monday, trading on MTN shares was briefly suspended on the Johannesburg stock exchange after …

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Nigeria internet users hit 97m – NCC

The number of internet users on Nigeria’s telecoms networks has hit 97.21 million, up from the 95.37 million recorded in August, according to figures released by the Nigerian Communications Commission (NCC). The telecoms regulatory body made the disclosure in its Monthly Internet Subscriber Data for September, obtained by the News …

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