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with this resolution, the disconnection approval granted to MTN for the disconnection of Globacom has now been withdrawn.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

Protest Cancelled As Civil Society Groups Affirm BPP Reforms

No fewer than 17 Civil Society Organizations, CSOs, Tuesday,...

FG Reaffirms Commitment to Eradicating Insecurity, Seeks Stronger Global Support – Akume

By Francis WilfredThe Federal Government has reiterated its...

FG’s CNG Drive Best for Nigeria’s Sustainable Transport System —Mahmoud Hints

By Joyce Remi-BabayejuFCT Minister of State, Dr. Mariya Mahmoud,...

Insecurity: Wike Supports “Operation Sweep” to Flush Criminalities out of Abuja

By Joyce Remi-BabayejuThe FCT Minister Barr. Nysome Wike has...

Protest Cancelled As Civil Society Groups Affirm BPP Reforms

No fewer than 17 Civil Society Organizations, CSOs, Tuesday,...

A’ibom CP orders arrest of officers escorting unauthorized VIPs

By Ogenyi Ogenyi,UyoThe commissioner of Police in Akwa Ibom,...

JUST-IN: Tinubu Nominates Ex-CDS Christopher Musa As New Defence Minister

President Bola Tinubu has nominated former Chief of Defence...

CDCFIB Postpones Opening of Paramilitary Screening Portal

The Civil Defence, Correctional, Fire and Immigration Services Board...

Adeleke to Announce New Party Before December 13 — Osun Govt

Osun State Commissioner for Information and Public Enlightenment, Kolapo...

Nigeria Media Expert Calls for Protection of Journalists, Journalism Profession

By Joyce Remi-BabayejuFormer President of the Nigeria Union of...

Related Articles

Popular Categories

spot_imgspot_img