MTN to hold more talks with Nigerian regulator to further reduce fine -source

December 3, 2015 12:25 PM

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JOHANNESBURG Dec 3 MTN Group will hold even more discussions with Nigerian authorities in an effort to further reduce a fine imposed on the South African firm for failure to cut off unregistered users, a source familiar with the matter said on Thursday.

The Nigerian Communications Commission (NCC) has reduced the penalty to $3.4 billion from $5.2 billion and given MTN until the end of the year to pay it.

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