News

Glo, MTN Resolve Interconnect Debt Dispute

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

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with this resolution, the disconnection approval granted to MTN for the disconnection of Globacom has now been withdrawn.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

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.

In order to proactively address and prevent future instances of interconnect indebtedness within the industry, the Commission will be requesting relevant records and regular updates from MNOs, as well as adopting a transparent approach towards industry indebtedness.

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

TruetellsNigeria

Recent Posts

At UBA Business Series, Experts Say Innovation, Passion Crucial to building Successful businesses

    Building businesses that stand the test of time requires a blend of innovation,…

12 hours ago

Breaking: Speaker Obasa Clarifies Negative Perceptions As Sanwo-Olu Presents 2025 Budget

  Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, on Thursday…

16 hours ago

How Primate Ayodele Foretold Simon Ekpa’s Arrest In 2023 (VIDEO)

Simon Ekpa, a Finnish-Nigerian separatist agitator and self-proclaimed Prime Minister of the Biafra Republic Government…

16 hours ago

LAWMA INTENSIFIES ENFORCEMENT, SEALS RESTAURANT

The Lagos Waste Management Authority (LAWMA) has intensified enforcement activities around the state, leading to…

1 day ago

LG Electronics Commissions Solar-Powered Boreholes in Two Communities in Port Harcourt

LG Electronics announces the commissioning of solar-powered boreholes in the Nkpogu and Elekahia communities in…

1 day ago

Opay Partners with Dolly Children Foundation to Equip Lagos Pupils with Essential Learning Materials

Opay Digital Services Limited, a leading provider of digital financial solutions, in collaboration with the…

1 day ago