MTN on Tuesday said the
Nigerian regulator had renewed its operations and licence up to 2021 at a cost
of 94.2 million dollars.
MTN said that it received
confirmation from the regulator that its operating spectrum in the 900 MHz and
1800 MHz frequency bands had been renewed.
There were media reports
recently that MTN had a 5.2 billion dollars’ fine imposed on it by the Nigerian
Communications Commission (NCC) for failing to deregister SIM cards in its
largest market.
MTN’s operating spectrum and
digital mobile licence were issued in 2001, and both were due to expire in
February 2016.
Both have now been extended
to Aug.31, 2021, the firm said.
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