Tuesday, July 16, 2024
No menu items!

mtn fine

MTN Nigeria to pay record fine over 3 years

MTN Nigeria has revealed that it has reached an agreement with the government of Nigeria regarding its record fine. Back in October 2015, the Nigerian Communications Commission had fined MTN for failing to disconnect 5.2 million unregistered subscribers on its...

IT News Africa: Top Stories of the Week

At the next Selling to the CIO Masterclass, set to take place on 29 – 30 June 2016 at Henley Business School in Johannesburg, attendees will learn key strategies to successfully win over the CIO. In addition, leading CIOs will...

MTN attempts fine resolution amid CEO exit – report

According to a report via Bloomberg, MTN Group will attempt to strike a deal with Nigerian authorities over the NGN 780 billion fine imposed on the company back in 2015. Sources close to the company revealed to Bloomberg that the...

MTN offers $1.5Bn USD to settle NCC fine

According to a report published by Nigeria Communications Week, MTN has offered to pay $1.5 billion USD to settle the fine issued by the Nigerian Communications Commission (NCC). According to the report, this comes just days after South African President, Jacob Zuma,...

Further update on fine imposed on MTN Nigeria

During the course of February 2016, the government of Nigeria had called on MTN to make a down payment as a “show of good faith” before the mobile operator’s proposal for an out of court settlement would be considered. According...

MTN Cameroon releases statement on CONAC Report

On the 21st of January 2016, it was revealed that MTN Cameroon had been fined USD $160 Million for allegedly failing to pay tax on games and gambling services. In a report written by the anti-corruption commission, known as CONAC, MTN and...

Cameroon: MTN & Orange take a USD160 million blow

According to a report via nigeriacommunicationsweek.com.ng, telecommunications companies - MTN and Orange in Cameroon - have taken a USD $160 Million blow. The report revealed that each company had allegedly been fined for failing to pay tax on games and gambling...

MTN Nigeria could face bankruptcy

According to a report via leadership.ng Ferdi Moolman, Chief Executive of MTN Nigeria, has stated that the USD $5.2 billion fine could "fold the network." The report reveals that, according to Moolman, the fine imposed on the mobile operator by the Nigerian Communications Commission...

MTN bridges divide between enterprises and informal merchants

Multinational Corporations, particularly in the Fast Moving Consumer Goods (FMCG) sector, as well as informal merchants, will soon benefit from reduced costs, increased security and greater efficiencies around payments. This follows a partnership agreement between MTN Business and Switching House,...

MTN to challenge fine imposed on MTN Nigeria

MTN has released a statement, which essentially gives an update on the fine that was imposed on MTN Nigeria. The statement reveals the following: "Further to the SENS announcement issued by the Company on 4 December 2015, shareholders are advised...
- Advertisement -spot_img

Latest News

‘Industry Consolidation Benefits the Sector and Country’-MTN

MTN believes that investing in South Africa's fiber network infrastructure is positive. Additionally, the consolidation of the industry is...
- Advertisement -spot_img