• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News Diaspora

MTN Group runs into trouble in the US, faces new allegation

Chike Olisah by Chike Olisah
June 7, 2020
in Diaspora
Xenophobia, MTN Nigeria’s shares drop on NSE following attack on its centres in Nigeria

MTN building.

Share on FacebookShare on TwitterShare on Linkedin

Telecoms giant, the MTN Group is facing a new set of allegations in the United States.

According to Reuters, some Washington based law firms filed the new amended complaint, on Friday, as they alleged MTN’s “conduct targeted the United States” by executing a strategy reliant on dominating markets in unstable countries not allied with Washington.

The telco, which is the largest telecoms company in Africa, allegedly aided militant groups in Afghanistan, including paying protection money, in an amended lawsuit filed on behalf of hundreds of families of US soldiers.

RelatedStories

MTN gains as SWOOTs capitalization close at N18.835 trillion.

MTN Group deploys AI for network optimisation in Nigeria, sets stage for Africa-wide rollout 

July 11, 2025
MTN

MTN Group set to launch streaming platform to challenge Netflix, others across Africa 

April 7, 2025

The initial lawsuit was aimed at 8 multinational companies which include MTN, security firm G4S, US infrastructure group Louis Berger and consultancy Janus Global that operated in Afghanistan and Iran between 2009 and 2017.

READ MORE: Two MTN Group Execs have resigned due to “personal reasons”

The suit which was filed in December 2019 in the United States District Court in the District of Colombia, alleges that these companies violated the US Anti-Terrorism Act by paying protection money to al-Qaeda and the Taliban.

MTN also allegedly violated the Anti-Terrorism Act by paying protection money of more than $100 million to al-Qaeda and Taliban so that its cellular towers would not be targeted for destruction. The telecoms firm deactivated those towers at night, preventing US intelligence operations,

MTN, however, has denied the allegations, asking the court to dismiss the original suit.

This appears to be another round of fresh controversy for Africa’s largest mobile operator, which has had running battles in some countries, especially with an alleged security breach.

Meanwhile, the Nigerian subsidiary was fined $5.2 billion by the Nigerian Communications Commission (NCC) in 2015 for partial compliance of regulatory guidelines by not disconnecting improperly registered subscribers’ identification module.

READ MORE: MTN Nigeria: Accelerated growth in data revenue to buoy earnings despite soft macro conditions

The compliance audit carried out by NCC on the network showed that 5.2 million customers lines were not deactivated as had been directed and so were fined the sum $1,000 for each unregistered SIM according to the Telephone Subscribers regulation law.

The federal government feared that this might have contributed to the security crises in the country. The fine was later reduced to $3.2 billion after pressure and negotiations with the South African government and the telecoms firm.

The telecoms giant was also criticized for its activities in Iran’s telecommunication sector. A US-based advocacy, united against nuclear Iran alleged that MTN technology is enabling the Iranian government to locate and track individual cellphone users which it says as a violation of users’ human rights.

In 2012 it was alleged that MTN Group may have been complicit in securing American telecommunications technology from sun microsystems, Hewlett-Packard and Cisco Systems on behalf of Irancell in violation of trade sanctions against Iran.


Follow us for Breaking News and Market Intelligence.
Tags: Business NewsIranMTN GroupNational Communications Commission (NCC)
Chike Olisah

Chike Olisah

Chike was a banker with over 11 years experience in retail and commercial banking, risk management, treasury portfolio management and relationship management. He also acquired some experience in financial management and do have some special interest in investment analysis and personal finance. He had stints with financial institutions like the former Intercontinental Bank and Fidelity Bank.

Related Posts

MTN gains as SWOOTs capitalization close at N18.835 trillion.
Sectors

MTN Group deploys AI for network optimisation in Nigeria, sets stage for Africa-wide rollout 

July 11, 2025
MTN
Company News

MTN Group set to launch streaming platform to challenge Netflix, others across Africa 

April 7, 2025
MTN Group, Airtel Africa sign agreements to share network infrastructure in Nigeria and Uganda 
Companies

MTN Group, Airtel Africa sign agreements to share network infrastructure in Nigeria and Uganda 

March 26, 2025
MTN
Sectors

MTN to spin off fintech units in Nigeria, Ghana, Uganda for Mastercard stake

March 17, 2025
MTN
Business News

MTN Group anticipates sharp decline in earnings due to forex losses from Nigeria 

February 27, 2025
Bitcoin falls below $61,000 following looming activity on Mt. Gox exchange 
Cryptos

Bitcoin drops to $60,000 following Iran’s Missile attack on Israel  

October 2, 2024
Next Post
There is fuel in the country but it is in the wrong locations – Mele Kyari

NNPC commences construction of N21 billion medical facility in Kaduna

Leave a Reply Cancel reply

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

Emple
nlng
first bank








DUNS

Recent News

  • Africa needs gas as a transformational fuel for development – Sahara Group 
  • FG to pilot 6-month training for 3,000 artisans in 10 construction trades across 3 states  
  • Former President Muhammadu Buhari dies in London 

Follow us on social media:

Recent News

Africa needs gas as a transformational fuel for development – Sahara Group 

Africa needs gas as a transformational fuel for development – Sahara Group 

July 13, 2025
Musa Dangiwa,

FG to pilot 6-month training for 3,000 artisans in 10 construction trades across 3 states  

July 13, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics