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Nigeria's MTN boss may be fired over NCC's fine

29 October 2015, 13:15

Lagos - The Chief Executive Officer of telecommunications operator MTN in Nigeria Michael Ikpoki and top executives of the company may be sacked over the $5.2bn fine by the Nigerian Communications Commission for failing to disconnect customers with unregistered SIM cards.

It was gathered that the management of the company's head office in South Africa is not pleased with the manner in which the Nigeria's executives handle the issue and are looking at changing the top officials.

Also read: Mobile telco reacts to hefty NCC fine

The South Africa office is said to be not too happy that MTN Nigeria missed a deadline to disconnect 5.1 million subscribers.

On Tuesday, the company confirmed the industry regulator had imposed a fine of more than N1 trillion relating to the timing of the disconnection of 5.1 million MTN Nigeria subscribers who were disconnected in August and September 2015 and is based on a fine of N200 000 for each unregistered subscriber.

The telecom giant confirmed that the company is currently in discussions with the NCC to resolve the matter in recognition of the circumstances that prevailed with regard to these subscribers.

Read more at Persecond news

- News 24


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