The interconnect debt dispute between MTN Nigeria Communications Plc. and Globacom Limited has been amicably resolved.
Director of Public Affairs, Nigerian Communications Commission (NCC), Dr. Reuben Muoka, disclosed this in a statement on Thursday, February 8, 2024 in Abuja.
Muoka said in accordance with this resolution, the disconnection approval granted to MTN by NCC for the disconnection of Globacom had been withdrawn.
According to him, following its initial Public Notice, the Commission with the aim of mitigating any potential disruptions to subscribers undertook further regulatory intervention, by mediating between the parties and facilitating the reconciliation process.
“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.
Glo: We’re owing MTN N2.3bn not N7bn
“In order to proactively address and prevent future instances of interconnect indebtedness within the industry, the Commission will be requesting relevant records and regular updates from MNOs.
“The commission also want the MNOs to adopt a transparent approach towards industry indebtedness.
“This statement serves as a reminder of the Commission’s commitment to fostering a stable and compliant telecommunications ecosystem in Nigeria,” Muoka said.
A prosecution witness in the ongoing trial of former Aviation Minister, Hadi Sirika, on Wednesday…
The Lagos Zonal Directorate of the Economic and Financial Crimes Commission has arraigned a man,…
The Economic and Financial Crimes Commission has arraigned popular social media influencer, Okoro Blessing Nkiruka,…
Troops of the Nigerian Army's 12 Brigade have foiled an attempted abduction of pupils at…
The Senate has issued a warrant of arrest on former Group Chief Executive Officer (GCEO)…
There was a moment of panic in Osun State on Wednesday after a podium carrying…
This website uses cookies.