MENU

Guinea, MTN payment wrangle resolved

May 13, 2011 • Top Stories

The R97 million row between South Africa’s mobile operator, MTN and the government of Guinea has finally been resolved, an official confirmed to ITNewsAfrica.com.

Responding to written questions, MTN Group Communications Manager, Rich Mkhondo, said the solution has been found and the company can get back to business.

“MTN is delighted that the dispute with the government of Guinea was resolved amicably,” Mkhondo said. “We are not in a position to divulge the contents of the agreement, suffice to say that Areeba, MTN’s operation in Guinea, will continue to provide telephony services to the people of Guinea as stipulated in its license conditions.”

The peaceful solution comes following some disputes over non-payment which resulted in the government of Guinea seizing MTN’s personnel equipment, facilities and assets on May 2.

The government vowed not to return the MTN equipment until the 15 million Euros in payment has been settled.

In a signed decree, Guinea President Alpha Code stated that the government had decided to relinquish all MTN assets, equipment and facilities until the payment wrangle has been resolved.

MTN Guinea contributed 3 percent of MTN’s West and Central Africa’s total subscriber figures.

By Savious Kwinika



Related Posts

Comments are closed.

« »