October 20, 2017

Telecos urge FG to reduce MTN’s fine

Paul AdepojuApr 26, 20161min

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.

Paul Adepoju

Paul ADEPOJU is a Nigerian freelance journalist, managing editor, blogger and published writer (3 books already). He has vast experience working with various media organizations in Africa, Asia, Europe and America. He covers stories on various genres and for various audiences. He is the managing editor of HealthNewsNG.com which is Africa's leading health news website; he also manages IBPulse.com, a city blog that focuses on happenings in his home town of Ibadan, southwest Nigeria. He has won several awards including Nigeria's Vanguard Newspaper's Young Nigerian Making The Difference award; a certificate of recognition from UNESCO and Goi Peace Institute in Japan; a finalist at the International Press Institute's Young Nigerian Journalist of the Year award; and was the only African finalist in the NetImpact/FedEx Global Access Essay Competition.

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