NCC Halts Impending Telecom Disruption As MTN, Glo Reach Agreement

January 18, 2024
NCC Halts Impending Telecom Disruption As MTN, Glo Reach Agreement

The Nigerian Communications Commission (NCC) has announced the suspension of the disconnection of Globacom Limited by MTN Nigerian Communications Plc due to a lingering interconnection debt dispute.

The Commission had issued a 10-day pre-disconnection notice which expired today, 18 January. with the development, it means that MTN will no longer disconnect Globacom as previously planned.

NCC said that while approving the disconnection, it was “deeply conscious of the potential impacts on consumers and engaged both parties to prioritize consumer interest and the smooth operation of the national telecoms network.

Join our WhatsApp Channel

READ ALSO: Breaking: NCC Directs MTN to Cut off Globacom Due to Unpaid Debt

The Commission said that MTN and Glo have reached an agreement to settle all outstanding issues. Consequently, the NCC has exercised its regulatory powers to suspend the phased disconnection for 21 days from January 17, 2024, expecting a resolution within this timeframe.

While urging the involved parties to resolve issues promptly, the NCC emphasized the mandatory settlement of interconnect debts, stressing that compliance with regulatory obligations is essential for all licensees in the telecom industry. Reuben Mouka, Director of Public Affairs at the NCC, signed the announcement.

Emmanuel Ochayi

Emmanuel Ochayi is a journalist. He is a graduate of the University of Lagos, School of first choice and the nations pride. Emmanuel is keen on exploring writing angles in different areas, including Business, climate change, politics, Education, and others.

Forex Crisis: CBN Sells $122.67m To 46 Authorised BDC Operators
Previous Story

CBN Uncovers Forex Abuses, Vows Stringent Actions

Customs Service, FIRS, NUPEC Share N53.5bn For Revenue Collection Costs, FAAC Reveals
Next Story

Customs Service, FIRS, NUPEC Share N53.5bn For Revenue Collection Costs, FAAC Reveals

Featured Stories

Latest from News

Airports Authority Defends New Cashless System

Nigeria’s airport authority on Tuesday defended its move to enforce electronic payments nationwide, saying the policy is designed to plug revenue leakages and improve accountability amid increased scrutiny of government agencies’ finances. The Managing Director of the Federal Airports Authority of Nigeria,

Oyedele to Replace Uzoka-Anite as Finance State Minister

President Bola Ahmed Tinubu has nominated tax expert Taiwo Oyedele as minister of state for finance, replacing Doris Uzoka-Anite, in a cabinet reshuffle announced on Tuesday. Uzoka-Anite has been redeployed to the Ministry of Budget and National Planning as minister of state,
Forex Crisis: CBN Sells $122.67m To 46 Authorised BDC Operators
Previous Story

CBN Uncovers Forex Abuses, Vows Stringent Actions

Customs Service, FIRS, NUPEC Share N53.5bn For Revenue Collection Costs, FAAC Reveals
Next Story

Customs Service, FIRS, NUPEC Share N53.5bn For Revenue Collection Costs, FAAC Reveals

Don't Miss

IMF

IMF Asks Nigeria To Devalue Currency Further, Gives Reasons

The International Monetary Fund (IMF) has asked Nigeria to devalue
Foreign Exchange Inflow

Net Foreign Exchange Inflow Falls 31% To $21.8bn – CBN

Net foreign exchange inflow into the economy declined by 31