BREAKING NEWS, Business
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SOUTH African telecoms giant MTN said Friday, June 10, it would pay a $1.7 billion fine to the Nigerian government in a full and final settlement over its failure to disconnect unregistered mobile phone users.
The company said in a statement that “MTN Nigeria has agreed to pay a total cash amount of Naira 330 billion over three years.”
Africa’s biggest wireless operator was fined $3.9 billion last year and has since been in negotiations with the government over the payout.
— Jun 10, 2016 @ 01:00 GMT
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