MTN Nigeria has expressed readiness to settle dispute with the Nigerian Communications Commission, NCC, over the N1.04 trillion fine incurred for non deactivation of some improperly registered subscribers on its network.
The telecom operator said despite being in court with the regulator, its relationship with the NCC remained solid even as it was ready to strengthen it the more.
The company’s newly appointed Chief Executive Officer, CEO, Mr Ferdi Moolman, and Corporate Service Executive, Mrs Amina Oyagbola, who addressed newsmen, weekend. expressed confidence in the regulator to steady the ship of the sector by always opening up for reconciliations from stakeholders.
While Moolman revealed that his company was prepared to go to any length to restore relationship with the NCC, Oyagbola heaped praises on the administration of the regulator, describing it as the most important stakeholder to MTN as far as the industry is concerned.
Disclosing the approach the company would take to restore the regulator’s friendship again, Oyagbola said: ”We have utmost respect for them. The approach of this new team is to correct where we have erred in the past, ensure good business relationship with all stakeholders in the industry. This begins with show of good faith; speaking the truth, to be able to restore and generate more goodwill.”
Corroborating her, Moolman added that part of the reasons MTN felt resolution was imperative, was that the fine amounted to about 95 per cent of the company’s total revenue for a year.