MTN gets extension on payment of $5.2bn fine
MTN announced on Monday that the Nigerian Communications Commission had extended the deadline for payment of the $5.2-billion fine levied against it over unregistered subscribers to allow for negotiations between the two to continue.
A statement from the telecommunications company said its executive chairperson, Phuthuma Nhleko, had met with the Nigerian authorities to discuss matters of non-compliance and “the remedial measures that may have to be adopted to address this”. The talks were continuing.
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