Rwanda fines MTN $8.5m

Follow us on Social Media

Social sharing

Rwanda’s telecom regulator says it has fined South African-owned mobile phone giant MTN about $8.5m (£6.6m) for breaching its licensing conditions by hosting its IT services outside the country.

MTN Rwanda pressed ahead with hosting IT services in neighbouring Uganda despite being warned that it would constitute a “serious breach of licence obligations and appropriate measures would be taken”, the Rwanda Utilities Regulatory Authority added in a statement.

MTN said it has been notified by the regulator about the penalty and that the parties were discussing the matter.

MTN billboard in Lagos, Nigeria
MTN is the biggest mobile phone operation in Africa

The firm was fined $5.2bn by Nigeria’s regulator in 2015 for failing to disconnect all non-registered sim cards.

The fine was reduced to $1.7bn following high-level negotiations between the two sides.

Source – BBC

Leave your comment on this post

THE ROTTEN FISH: CAN OF WORMS OPENED OF APC & TINUBU'S GOVERNMENT OVER NIGERIA'S ECONOMIC DOWNTURN

WATCH THE CRITICAL ANALYSIS AND KNOW THE RESPONSIBLE PARTIES TO BLAME FOR NIGERIA'S ECONOMIC CHALLENGES, WHILE CITIZENS ENDURE SEVERE HARDSHIPS.

Watch this episode of ISSUES IN THE NEWS on 9News Nigeria featuring Peter Obi's Special Adviser, Dr Katch Ononuju, 9News Nigeria Publisher, Obinna Ejianya and Tinubu Support Group Leader, McHezekiah Eherechi

READ ALSO  Ukraine Exposes Western Double Standard in Response to Iran and Russia Attacks

The economic crisis and hardship in Nigeria are parts of the discussion.


Watch, leave your comments, and share to create more awareness on this issue.


#9NewsNigeria #Nigeria #issuesInTheNews #politics #tinubu THE ROTTEN FISH: CAN OF WORMS OPENED ...
DON'T FORGET TO SUBSCRIBE AND LEAVE YOUR COMMENTS FOR SUBSEQUENT UPDATES
#9newsnigeria #economia #economy #nigeria #government @9newsng
www.9newsng.com

Leave your comment

Click on the link below or Scan the QR Code to join the 9News Nigeria WhatsApp Channel

9News Nigeria Investigative Reports WhatsApp Channel
9News Nigeria Investigative Reports WhatsApp Channel

Be the first to comment

Leave a Reply