This is Terrible, MTN Nigeria Fined N1.04trilion ($5.2Billion)

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This is not nice at all even though this telecom company was fine wanting. According to what BBC reported, this is the largest fine so far in the history of Nigeria.

Just some couples of weeks ago, it was reported and confirmed by MTN that they lost over N5Million subscribers who refuse to register their sim afte the saga of sim blockage.

Now again, as reported by BBC, Nigeria's Communications Commission (NCC), the country's telecommunications regulator, has issued mobile phone firm MTN Nigeria, with a $5bn (£3.5bn) fine for failing to disconnect subscribers with unregistered Sim cards bought before January 2012.

Do you know what that means? It means they are fine N1.04trilion for failing to disconnect subscribers with unregistered and incomplete SIM cards within the stipulated time. 

This is the largest in the history of telecom infringements.  How are they going to recover from this? Who will pay this money?

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