Nigeria was unable to trace owners of SIM cards used by kidnappers of a prominent politician in September, it was the last straw for the South African country after what it called a string of violations by telecoms firm MTN Group.
Africa’s biggest mobile phone company was given a $5.2 billion fine as penalty by the Nigerian Communications Commission (NCC) last month after the South African company failed to cut off users with unregistered SIM cards from its network.
Nigeria has been pushing industry players to verify the identity of their subscribers on worries that unregistered SIM cards were being used for criminal activity in a country facing Islamic militant group Boko Haram’s insurgency.
The fine, which is based on a $1000 for each phone line MTN failed to cut off, has left investors, wondering how the company failed to comply with the law that carried such a heavy penalty.
No comments:
Post a Comment