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NCC Slams MTN, Airtel, Glo.. To Pay N678 MILLION In Fines

Did you know the Nigerian Communications Commission (NCC) imposed N647.5million (about $4million) in penalties on Nigerian telecommunications companies MTN, Airtel and Globacom.
According to the NCC, they breached key performance indicators and provided poor quality services to customers.
Furthermore, the NCC has banned the aforementioned mobile operators from selling SIM cards in March, which, in the country with almost 170 million people, could be damaging for the companies' business.
In its statement, the NCC the Globacom owned by Nigerian billionaire Mike Adenuga, was fined N277.5million. South Africa's MTN, and Airtel owned by Indian's Bharti Airtel were each fined N185million.
The NCC will charge each company N2.5million for everyday the fine is not paid after March 7, 2014.

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