Home Business MTN, GLO agree to resolve interconnection debt disputes
BusinessNews

MTN, GLO agree to resolve interconnection debt disputes

Share
Share

By Chioma Obinagwam

1. On January 8, 2024 the Nigerian Communications Commission published a Pre-Disconnection Notice informing subscribers of the approval granted to MTN Nigerian Communications Plc. (MTN) to commence the phased disconnection of Globacom Limited (Glo) with effect from January 18, 2024 due to long-standing interconnection debt dispute between the parties.

2. In granting the approval, the Commission was deeply conscious of the potential impacts of the decision on consumers and therefore continued to engage both parties to facilitate a resolution which prioritizes and protects consumer interest and the seamless operation of the national telecoms network.

3. The Commission is pleased to announce that the parties have now reached agreement to resolve all outstanding issues between them. For this reason, and in exercise of its regulatory powers in that regard, the Commission has put the phased disconnection on hold for a period of 21 (twenty-one) days from today, 17 January, 2024.

4. Whilst the Commission expects MTN and Glo to resolve all outstanding issues within the 21-day period, the Commission insists that interconnect debts must be settled by all operating companies as a necessary component towards compliance with regulatory obligations of all licensees. It is OBLIGATORY that Mobile Network Operators (MNOs) and other licensees in the telecom industry keep to the terms and conditions of their licenses, especially as contained in their interconnection agreements.

Please follow and like us:
Share

Leave a comment

Leave a Reply

Your email address will not be published.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

Member

Don't Miss

‎Preventing financial crimes amid mounting insecurity: Why following the money is now a survival imperative‎

‎By Blaise Udunze‎‎‎Nigeria today faces a sobering dual reality: a deepening security crisis and an entrenched financial-crime ecosystem that quietly feeds, sustains, and...

‎Nigeria’s Oil, Gas Free Zones attract $24bn in investments as operators plead for 10-year tax holiday‎

By Chioma Obinagwam‎‎ Nigeria’s oil and gas free zones have pulled in a staggering $24 billion in investments, creating hundreds of thousands of...

Related Articles

‎Preventing financial crimes amid mounting insecurity: Why following the money is now a survival imperative‎

‎By Blaise Udunze‎‎‎Nigeria today faces a sobering dual reality: a deepening security...

‎Nigeria’s Oil, Gas Free Zones attract $24bn in investments as operators plead for 10-year tax holiday‎

By Chioma Obinagwam‎‎ Nigeria’s oil and gas free zones have pulled in...

‎JAIZ BANK SIGNS AGREEMENT WITH IILM AS AFRICA’S FIRST PRIMARY DEALER‎

By Chioma Obinagwam ‎Jaiz Bank, the pioneer Non-Interest bank in Nigeria, has...

A Nation on Alert: Is FIRS’ Xpress Payments Move Consolidating a Revenue Cartel?

By Blaise Udunze Nigeria’s national mood is tense. The country is facing...