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with this resolution, the disconnection approval granted to MTN for the disconnection of Globacom has now been withdrawn.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

Bayelsa ESA Drags Hotel to Court Over Illegal Sewage Discharge

The Bayelsa State Environment and Sanitation Authority (ESA) has...

Nasarawa 2027: Nalaraba Withdraws from Governorship Race, Backs Wadada, Declares for Senate

From Abel Zwanke, LafiaThe member representing Awe/Doma/Keana Federal Constituency,...

NDC Elects Delta Executives, Pledges to Build Support Ahead of 2027 Elections

By Anne AzukaThe Nigeria Democratic Congress (NDC) in Delta...

One killed, two injured in fresh bandits attacks in Kogi Community

From Noah Ocheni , Lokoja Unknown  gunmen suspected to be...

One Killed, Two Injured in Attacks on Kogi Communities

By Noah Ocheni, LokojaA resident has been killed and...

NIESV Seeks Stronger Government Partnership to Unlock Kogi Assets Through Valuation

By Noah Ocheni, LokojaThe Nigerian Institution of Estate Surveyors...

Pursue 2027 Ambitions Lawfully, Diri Tells Bayelsa Politicians

Governor of Bayelsa State, Senator Douye Diri, has advised...

Epie-Atissa Kingdom Backs Clifford for APC Ticket

Stakeholders of the Epie-Atissa Kingdom have thrown their weight...

FUL Political Science Department Felicitates Prof. Salisu Usman Ogbo as Vice-Chancellor, PAAU Anyigba

From Noah Ocheni, LokojaThe Department of Political Science, Federal...

PDP Crisis: Wike Challenge Turaki led- Rival Faction to Commence operational Secretariat

By Joyce Remi- BabayejuThe FCT Minister, Barr. Nyesom Wike,...

Related Articles

Popular Categories

spot_imgspot_img