MTN Nigeria is going through a difficult times in Nigeria every one seem to be aware of this. The matter is hook on the fact that almost all the fraudsters are very comfortable with the network.
NCC has given them a fine of about N1.3tr now read the report as applies to the network. MTN has derived two possible mean to survive the present hit of fine on remaining in court or leaving Nigeria. The question is with the already flooded labour market where will those who will be lay-off find relief Quoting a source
“I can tell you that MTN Nigeria will not pay a single penny or dime to the NCC. We have already instructed the seven Senior Advocates of Nigeria [SANs] handling our legal action against NCC to keep the matter perpetually in court, up to the Supreme Court, by all means necessary until Buhari leaves office or Danbatta, Executive Vice-Chairman of NCC completes his five-year term.
“Now, even if Buhari and Danbatta secure a second term, that would be eight and 1O years respectively, but we can keep the case in court beyond 1O years.”
He said the operator is taking this action since it cannot afford to pay such huge fine without ‘going under’.In Cameroun we brought you a report that MTN was also fined with some amount follow this link enloghomes.blogspot.com.ng/2016/01/mtn-fined-in-camleroon.htm
He also disclosed the network’s second strategy which is to withdraw from Nigeria and expand to more African nations to make up for any revenue shortfall in terms of the Group.
“Our second strategy is to leave the Nigerian market entirely and expand into other territories in Africa and probably, the Middle East, to cushion the expected revenue gap from Nigeria.”
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