South african telecoms company mtn is in talks with nigeria’s telecoms regulator to reduce the $3.9 billion fine imposed for its failure to disconnect unregistered sim cards and arrange gradual payment, president muhammadu buhari said on tuesday.
The nigerian president made the comment at a joint news conference with his south african counterpart jacob zuma following talks between the pair at the start of the latter’s two-day state visit to africa’s most populace nation.
The south african company has so far paid $250 million after dropping a legal case against the nigerian communications commission.
Source: reuters