Prof. Umar Garba Danbatta, Executive Vice Chairman of the Nigerian Communications Commission (NCC) has confirmed that the Commission is willing to consider MTN’s options of an out of court settlement.
Prof Umar revealed this yesterday while speaking at an international press conference. He said; “I can confirm that MTN still seeks out of court settlement. MTN is trying to get this issue settled amicably. We have been informed by our own counsel that the Honourable Judge handling the case has granted the request for a settlement on the matter.”
He further added that the intention (of the NCC) is not to kill MTN because we would like the industry to continue. We would like it to be vibrant and I think this is a matter that needs to be resolved amicably and we are working towards that.
MTN was fined a total of MTN $5.2 billion in October, 2015 for failing to disconnect users with unregistered SIM cards by a set date, the fine was later slashed by 25 per cent deducting a total of N780 billion from the earlier sum.