Mobile service provider, MTN, is seeking an “amicable” out-of-court settlement with Nigerian Communications Commission (NCC) which has fined the firm $3.9 billion, a top official of the commission said on Wednesday.
MTN has filed a suit against the fine which was imposed on the company for failing to deactivate unregistered phone SIM cards.
“Our lawyers communicated to us that indeed MTN is resorting to a settlement out of court.
“They (MTN) are trying to get this settled amicably,” Reuters quoted NCC Executive Vice Chairman, Umar Garba Danbatta, as saying to journalists on Wednesday.