Nigerian Communications Commission (NCC) have reduced the $5.2 billion fine MTN Group were to pay to $3.4 billion after the South African mobile phone company lobbied for a lower penalty, MTN said on Thursday. “Shareholders are advised that, after further engagements with the Nigerian Authorities, the NCC has reduced the imposed fine,” MTN said.
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Nigerian Communications Commission (NCC) have reduced the $5.2 billion fine MTN Group were to pay to $3.4 billion after the South African mobile phone company lobbied for a lower penalty, MTN said on Thursday.
“Shareholders are advised that, after further engagements with the Nigerian Authorities, the NCC has reduced the imposed fine,” MTN said.
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