An appeal has been made to the federal government for the reduction of the fine it slammed on MTN, the appeal was made by the Association of Telecom Companies of Nigeria (ATCON).
ATCON National President, Engr. Lanre Ajayi made the plea during an event to honour the Minister of Communication, Barrister Adebayo Shittu. He noted that MTN had lost its reputation, revenue, market value and has actually learnt its mistake.
According to him, the plea by ATCON for leniency over the fine was based on its conviction that the breach was not done with criminal intention to injure their national security. He urged government to review the fine downward to a figure that was not more than MTN’s profit in a year.