MTN yet to pay N1trillion fine as extended deadline expires

MTN Group on Friday failed to pay over N1trillion fine imposed on it by the Nigerian Communications Commission (NCC).

The company incurred the wrath of the regulatory agency following its failure to disconnect over 5 million unregistered subscribers from its network.

It was gathered that MTN and government officials were still deliberating on the issue of reduction, mode of payment and possible extension.

The initial deadline was November 16, but was shifted to November 20 after series of meetings.

The Deputy Director, Public Affairs of the Nigerian Communications Commission, NCC, Mr Sony Araba had confirmed that talks were still on but that no money had been paid yet.

He assured that conclusions reached at the meeting would soon be made public.