Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Business News

Telecoms operators fined N2.9 billion over infractions 

Chidinma Nwagbara by Chidinma Nwagbara
January 31, 2020
in Business News
NCC orders immediate suspension of USSD charges by telcos, 5G Network to undergo 3 months trial before approval - NCC , NCC licenses 20 new Internet service providers amidst challenges , 150 million Nigerians risk being defrauded – NCC , NCC warns telcos against cyber fraudsters , NCC rolls out new regulations on drone use, NCC licenses 10 new VAS providers as it projects market to hit $500 million , NCC, Infracos set to develop broadband infrastructure with N265 billion raise , Telecommunications: Broadband penetration set to grow, Telecoms operators fined N2.9 billion over infractions , NCC reacts to claims that minister chased away diaspora commission staff from office complex
Share on FacebookShare on TwitterShare on Linkedin

Four major telecommunication companies in Nigeria have been fined for various actions that contravene the rules and regulations of the Nigerian Communications Commission (NCC).

The regulatory body of the telecoms sector fined Airtel, MTN Nigeria, Glo, and 9mobile within the first and third quarters of last year for various infractions that were unapproved by the commission.

MTN Nigeria shares, Airtel Afrrica shares, Glo subscribers, 9mobile subscribers, Internet speed, Data war heightens, as 311,183 subscribers dump Glo, 9mobile 
MTN Nigeria, Airtel Globacom and 9mobile

Breakdown of the fine: Airtel was fined N2.3 billion for disconnecting Exchange Telecommunications Limited without regulatory approval, which the Commission said contravened the provisions of the quality of service (QoS) and enforcement processes regulations.

RelatedPosts

Airtel shareholders earn N651 billion on NGX fuelled by positive sentiment in July

MTN Nigeria shareholders lose N609 billion in July on sustained sell pressure

While Airtel was fined the highest, MTN was fined N164.3 million, 9mobile N5million and Globacom was fined N232 million.

According to the statement released by NCC, 9mobile and Airtel were guilty of charging 13 and 56 subscribers respectively for full DND to value-added service (VAS) but failed to deliver the service.

News continues after this ad


The telcos claimed that the failure to deliver was due to technical and software challenges yet their pleas were rejected by the commission as they were asked to pay 5 million each.

[READ MORE: Why telecoms poor services persist)

 “In the course of monitoring compliance with the do-not-disturb (DND) directive, the Commission discovered that EMTS (9mobile) and Airtel subscribed and billed 13 and 56 MSISDNs (Mobile Station International Subscriber Directory Numbers) respectively on full DND to value-added service (VAS),” the document read.

News continues after this ad


 “Accordingly, the Commission communicated with the licensees who claimed that contravention was caused by technical and software challenges. Their pleas were rejected by the commission and they were consequently sanctioned to pay N5, 000,000 each on February 26th and 27th, 2019 respectively for breach of the directive,” the statement read.

After the first sanction during the first quarter of 2019 as aforementioned, another fine was slammed on the telcos after an audit exercise was carried out in the third quarter of 2019.

 “During an audit exercise carried out by the commission from September 25-28, 2019, it was discovered that Airtel, MTN and Globacom forcefully subscribed some customers to data and value-added services in contravention of the commission’s directive on forceful subscription,” the NCC stated.

The telcos were said to have made refunds to some of the affected subscribers. Nevertheless, the fines were slammed on the four of them. While 9mobile retained its N5 million fine as it was only sanctioned during the first quarter of the year, Airtel, MTN and Globacom were fined N2.3 billion, N164 million and N232 million respectively.

Related

Tags: 9MobileAirtel Nigeria NewsBusiness NewsBusiness news in NigeriaGloMTN NigeriaNCCNigerian Business NewsNigerian Communications CommissionOn the Money

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

inq
avatrade
Stanbic bank
Mega Millions
UBN
Hot forex
Access Bank
Bankers Committee
First bank






    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • SERAP threatens to sue INEC if 7 million Nigerians are not allowed to complete voters’ registration
    • Bitcoin on 5th day winning streak, hits highest level since June 13
    • Nigeria’s central bank, Africa Fintech Foundry to support 10 startups to boost eNaira adoption

    Follow us on social media:

    Recent News

    INEC plans e-transmission of results in Anambra poll, massive voter turnout in central zone

    SERAP threatens to sue INEC if 7 million Nigerians are not allowed to complete voters’ registration

    August 14, 2022
    Depegging sees Bitcoin hit $138,000 per token in UST

    Bitcoin on 5th day winning streak, hits highest level since June 13

    August 14, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Financial Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Metrics
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • Business News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com