x

MTN, Glo settle Debt Dispute rocking Telecom industry

By Joyce Remi-Babayeju

Two Network mobile companies operating in Nigeria, MTN Nigeria Globacom Limited, and MTN have finally settled their interconnection debt dispute.

The Nigerian Communications Commission (NCC) on Thursday announced that the interconnect debt dispute between MTN Nigeria Communications Plc. (MTN) and Globacom Limited (Globacom) has been amicably resolved.

NCC explained that in accordance with this resolution, the disconnection approval granted to MTN for the disconnection of Globacom has now been withdrawn.

The Commission also said that to further mitigate any potential to subscribers the Commission took steps to mediate and facilitate the reconciliation process between the two Network telecommunications companies.

However, the Commission reiterates that strict adherence to the terms and conditions of licenses, particularly those delineated in interconnection agreements, is imperative for all Mobile Network Operators (MNOs) and other licensees within the telecommunications industry.
NCC said that as a way of preventing further occurrence of indebtedness within the industry, the commission will be requesting relevant records and regular updates from MNOs, as well as adopting a transparent approach towards industry indebtedness.

The Commission reiterated its commitment to fostering a stable and compliant telecommunications ecosystem in Nigeria.
End

Hot this week

Groups Endorse Tinubu’s Re-election, Back Ishola for Ogun Governorship

No fewer than 11 socio-political groups have declared support...

27 Feared Dead as Gunmen Attack Angwa Rukuba Community in Jos North

By Israel Adamu, JosAt least 27 persons are feared...

Kaduna Group Inaugurates LG Campaign Structures in Support of Tinubu, Uba Sani

A support group linked to Nigeria’s Minister of Defence,...

Tinubu Accuses Opposition of Misrepresenting Electoral Act, Rejects One-Party Claims

President Bola Tinubu has criticised opposition parties for what...

Davido Says Grammy No Longer a Priority, Focuses on Authentic Sound

Nigerian music star Davido has opened up about his...

Prosperity Cup 2026: Bayelsa United Feeders, Izuo Gillette Advance to Round of 32

By Kumo Amgbare, YenogoaProsperity Cup 2026: Bayelsa United Feeders,...

Police begin Medical,Sanitation outreach in A’ibom

By Ogenyi Ogenyi, UyoThe Police Command in Akwa Ibom...

Uba Sani, Ribadu, Shehu Sani Pay Condolence Visit to El-Rufai Family Amid Skepticism

…Isah Pantami Delivers Forgiveness Sermon, Calls for Unity in...

Asagba of Asaba Assures Non-Indigenes of Prioritised Interest

By Anne AzukaThe Asagba of Asaba, His Royal Majesty...

Panic as Phone Snatchers Allegedly Kill Man Under Kaduna Kawo Bridge

By Achadu Gabriel, KadunaIn a horrifying incident, suspected phone...

Nentawe’s Next 4 Years

By Daniel DalyopThe 8th National Convention of the All...

Prosperity Cup 2026: Liberty FC Eliminated as Silas Sets New Fastest Goal Record

ByOkaka Correctional Centre’s Liberty FC crashed out of...

Related Articles

Popular Categories

spot_imgspot_img