MTN settles debt in Nigeria.

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The head of South Africa's diplomatic service has tweeted that South African telecoms company MTN has settled the fine imposed by Nigeria over unregistered sim cards:

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Clayson Monyela @ClaysonMonyela

MTN has agreed to pay $1.671 bn over 3 yrs to settle its case in Nigeria — about a 3rd of the $5.2bn it was originally fined.#CaseSettled

12:20 PM - 10 JUN 2016

 
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In October last year,MTN Nigeria was fined $5.2bn by Nigeria's Communications Commission (NCC) for non-compliance with a deadline set by the NCC to disconnect all non-registered sim cards.