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Nigeria warns MTN may face more fines if deadline missed

2015-12-23 12:56:00| Telecompaper Headlines

(Telecompaper) MTN risks facing additional fines if it does not meet the year-end deadline to pay the NGN 780 billion imposed already, Nigerian authorities have warned. Nigeria's Communications Minister Adebayo Shittu said that his country will not be cowed or threatened by MTN's announced court challenge of the fine, The Independent reports. Shittu said the decision by the company to approach the Lagos High Court put it at risk of another fine if it failed to meet the deadline. Shittu said while MTN had the right to seek the court's interpretation of the Nigerian Communications Commission's decision, nothing would stop the government from imposing additional fines on the operator at the expiry of the deadline. He noted that MTN had already admitted the infraction when it pleaded for leniency and obtained a reduction in the amount of the fine. 

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MTN to challenge Nigeria fine

2015-12-18 01:00:00| Total Telecom industry news

South African-based operator claims NCC did not have the authority to impose US$5.2 billion fine, begins legal action.

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Nigeria explains decision to cut MTN fine

2015-12-10 01:00:00| Total Telecom industry news

NCC reportedly took into account the telco's admission of guilt and sizeable investment in the country.

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Regulator's blunder sees MTN Nigeria fine increase to $3.9bn

2015-12-07 01:00:00| Total Telecom industry news

Telco receives second letter with correct penalty after NCC reportedly made a typo on the first.

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Nigeria reduces $5.2bn MTN fine

2015-12-03 09:58:13| BBC News | Business | UK Edition

Africa's largest mobile operator, MTN has succeeded in its bid to reduce a $5.2bn fine imposed by Nigerian authorities for failing to cut off unregistered users.

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