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with this resolution, the disconnection approval granted to MTN for the disconnection of Globacom has now been withdrawn.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

Security Expert Warns of Emerging Armed Groups in Northern Nigeria

By Achadu Gabriel, KadunaA security expert has raised...

$200m Project: President Tinubu is Behind My Success — Uba Sani

By Achadu Gabriel, KadunaGovernor Uba Sani has revealed that...

Kano Assembly Begins Impeachment Proceedings Against Deputy Gov Aminu Abdulsalam

By Jabiru HassanThe Kano State House of Assembly has...

FULL LIST: Tinubu Names Dambazau as Nigeria’s Ambassador to China

President Bola Ahmed Tinubu has appointed former Minister of...

Kaduna Government Warns Against Illegal Land Sales at NNPC Quarters in Sabon Tasha

By Achadu Gabriel, KadunaThe Kaduna State Government has...

Civil Society Coalition Raises Alarm Over Nigeria’s Maritime Boundaries, Oil Wells Allocation

A coalition of Civil Society Organizations (CSOs), maritime experts...

Julius Berger demonstrates commitment to CSR as Academy graduates 36

Julius Berger Nigeria Plc has demonstrated its commitment to...

US Spent $11bn on Iran War in First Six Days – Report

The United States spent more than $11.3 billion during...

Senator Nora Daduut Congratulates Plateau Governor Caleb Mutfwang on 61st Birthday

By Golok Nanmwa, JosSenator Prof. Nora Ladi Daduut, Nigeria’s...

Rainstorm Destroys Over 40 Houses, Churches in Kogi Community

From Noah Ocheni, LokojaResidents of Egbeda Egga community...

‘No Man Feels Complete When a Woman Is Feeding Him’ — Eucharia Anunobi

Veteran Nollywood actress Eucharia Anunobi has sparked debate on...

BBNaija Star Ilebaye Undergoes Face And Nose Rejuvenation For Youthful Look

Reality TV personality Ilebaye Odiniya has revealed she recently...

Related Articles

Popular Categories

spot_imgspot_img