Nigeria 'won't bow to MTN pressure'

Telecoms

Nigeria's communications regulator says it will not yield to pressure to reduce the $5.2bn fined imposed on mobile phone giant MTN, the Associated Press news agency reports.

Its spokesman Tony Ojobo told AP that MTN Nigeria was in breach of a slew of regulations with 28 infractions.

MTN has a deadline of 16 November to pay the fine after it failed to deactivate 5.2 million unregistered SIM cards - considered a security threat as militant Islamist group Boko Haram uses mobile phones to co-ordinate its operations in the West African state.

The South African-owned company's shareholders have described the fine as punitive, AP reports.

MTN was said to be in talks with the regulator and the government to reduce the fine - the biggest ever imposed by Nigeria for violations in the telecom sector.

Mr Ojobo told AP that Nigeria's four mobile phone service providers signed an agreement that set the fines in 2011 and MTN was the only company not to comply.
Source: BBC News Live 5 November 2015