MTN keeps licence for Nigeria

04 November 2015 - 02:07
By Reuters

Nigeria's telecoms regulator has extended MTN's operating licence, the company said yesterday, quelling fears that Africa's biggest mobile phone firm would have to pay a $5.2-billion fine before it could be renewed. Johannesburg-based MTN is in talks with Nigerian authorities about the fine, imposed on its unit in the west African country for failing to cut off more than 5million users with unregistered SIM cards.

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