All this while Nigerians has been complaining and angry while some dump their MTN SIM because of the sudden MTN sim registration across the states. But no understand the reason behind their actions. But MTN was suppose to block and unsubscribe any sim not registered before now.
Still on the matter, MTN Nigeria did not may be calculating how many subscriber they will lose. Currently, the Nigerian Communications Commission (NCC) has imposed a record NGN 1.04 trillion fine against MTN Nigeria over alleged breach of SIM registration rules, the Technology Times reported.
Reason Why NCC fines MTN Nigeria N1.04 trillion fine against MTN Nigeria
The fine was for failing to disconnect subscribers with unregistered and incomplete subscriber identification for their SIMs within the stipulated time.
Right now MTN Nigeria fine as been recorded as the largest in the history of telecom infringements sanctioned by the regulator.
A top official of MTN Nigeria confirmed to Leadership that the NCC issued the fine against MTN Nigeria. He also added that “This fine is unprecedented in the history of Nigeria”.
The amount is even bigger than the entire budget of the Federal Government of Nigeria. It is enough to make the operator close its operations in the country.”