By THECONSCIENCEng
The interconnect debt dispute between MTN Nigeria Communications Plc and Globacom Limited has been resolved.
This development between both firms occurred within the 21-day grace period the NCC gave Glo in January.
61.54 million mobile subscriptions (as of November 2023) on Glo’s network were at risk of getting disconnected from making calls to MTN before now.
In January, the NCC announced that Glo subscribers might be barred from making calls to MTN lines due to the non-settlement of interconnect charges.
Read Also: Access Bank Announces First Female Acting GMD to Replace Wigwe
It stated that its directive might take effect at the expiration of a 10-day notice period.
The commission later extended its notice by 21 days after the expiration of the first.
This was for the disputing parties to reach an agreement, considering the intended impact on subscribers.
But in a statement, the NCC said the issue has been settled.
Read Also: Commendations, High Hopes As CAC Dera Nnadi’s Tin Can Command Pilots TRS in Nigeria
The statement read, “The Nigerian Communications Commission is pleased to announce that the interconnect debt dispute between MTN Nigeria Communications Plc. and Globacom Limited 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with this resolution, the disconnection approval granted to MTN for the disconnection of Globacom has now been withdrawn.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.”
It further reiterated the commission’s strict adherence to the terms and conditions of licences, particularly those delineated in interconnection agreements.
“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,” it added.
Badru Distributes Food Items, Cash Gift, Clothing Materials To Elderly Constituents • Lagos GAC Chairman,…
Innovations and Efficient Trade Facilitation: Tincan Island Port and NCS Under CGC Adewale Adeniyi…
Taiwo Oyekan Announces N20m Empowerment for Lagos Island Residents, Vehicle for Police In a continued…
Sujimoto Boss Sijibomi Ogundele Arrested Over Alleged $323,000 Fraud Popular real eatate businessman and Sujimoto…
Argentina Honours Evelyn Joshua Over Transformative Crusade BY DARE ADEJUMO In a joyful show…
Fapohunda Unveils Plans for Air Traffic Controllers Ahead Elections The Nigerian Air Traffic Controllers…
This website uses cookies.