Home Business How NCC resolved interconnect debt dispute between Glo, MTN
BusinessNews

How NCC resolved interconnect debt dispute between Glo, MTN

Share
Share

By Chioma Obinagwam

The Nigerian Communications Commission (NCC) has said that the interconnect debt dispute between MTN Nigeria Communications Plc. (MTN) and Globacom Limited (Globacom) has been amicably resolved.

NCC told Confiance News in a statement on Thursday.

“In accordance with this resolution, the disconnection approval granted to MTN for the disconnection of Globacom has now been withdrawn.

“Following its initial Public Notice, the Commission with the aim of mitigating any potential disruptions to subscribers undertook further regulatory intervention, by mediating between the parties and facilitating the reconciliation process,” it explained.

Confiance News learnt that the Commission reiterates that strict adherence to the terms and conditions of licenses, particularly those delineated in interconnection agreements, is imperative for all Mobile Network Operators (MNOs) and other licensees within the telecommunications industry.

The statement further revealed that NCC will be requesting relevant records and regular updates from MNOs, as well as adopting a transparent approach towards industry indebtedness in order to proactively address and prevent future instances of interconnect indebtedness within the industry.

The Commission, however, reiterated its  resolve towards ensuring stability in the system.

“This statement serves as a reminder of the Commission’s commitment to fostering a stable and compliant telecommunications ecosystem in Nigeria,” NCC assured.

Please follow and like us:
Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Start your career with NNPC Limited

Start your career with NNPC Limited
Start your career with NNPC Limited

Member

Don't Miss

Ardova at 60, prioritises investment in sustainability

By Chioma Obinagwam One of the leading brands in the upstream energy sector, Ardova PLC, has revealed its intentions to invest in renewable...

CSCS highlights role of technology in deepening capital market

By Chioma Obinagwam The Central Securities Clearing System (CSCS) has emphasized the importance of technology in boosting the Nigerian capital market. Confiance News...

Related Articles

CSCS highlights role of technology in deepening capital market

By Chioma Obinagwam The Central Securities Clearing System (CSCS) has emphasized the...

Maida

Please follow and like us:

‘My life trajectory has been a story of …,’ Inibehe recounts God’s faithfulness on his 36th birthday

By Chioma Obinagwam Renowned Nigerian lawyer and human rights activist, Inibehe Effiong,...

Pastor Adeboye, congregants celebrate God’s goodness in six photos

By Chioma Obinagwam The General Overseer (G.O) of the Redeemed Christian Church...

Advertisements