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with this resolution, the disconnection approval granted to MTN for the disconnection of Globacom has now been withdrawn.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

Court Admits Statements in Alleged ₦10bn Kogi Fraud Trial Involving Ali Bello

By Wilfred FrancisA Federal High Court in Maitama, Abuja,...

Oborevwori Inaugurates Grassroots Coordinators for Renewed Hope Ambassadors in Delta

Delta State Governor, Sheriff Oborevwori, has inaugurated local government...

Retired Police Officers Plan Protest at Presidential Villa Over Pension Bill

The Union of Retired Police Officers under the Contributory...

Group Urges Government to Prioritise Needs of Women with Disabilities

The Joint National Association of Persons with Disabilities in...

PDP Suspends Adamu Bako Ninga in Nasarawa Over Alleged Misconduct

The Nasarawa State chapter of the Peoples Democratic Party...

APC Youth Group in North-East Endorses Nentawe Yilwatda for Second Term as Chairman

The APC North-East Youth Vanguard has endorsed the re-election...

Power Drop in Plateau, Bauchi, Benue, Gombe Linked to Reduced Grid Allocation — JED

Jos Electricity Distribution Plc (JED Plc) says the recent...

A’ibom targets 369 solar-powered schemes as AHDC calls for reforms

By Ogenyi Ogenyi,UyoAkwa Ibom government has concluded arrangements to...

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

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

EFCC Evicts Malami from Abuja Residence Amid Ongoing Court Dispute

Former Attorney-General of the Federation, Abubakar Malami, has accused...

PDP Crisis Deepens as Governors Reject Consensus Candidates Backed by Wike

The internal crisis within the Peoples Democratic Party escalated...

Related Articles

Popular Categories

spot_imgspot_img