Transcribed

Globacom Gets an Extra 21 Days to Pay Interconnect Fees 

Jan 24, 2024 · 1m 28s
Globacom Gets an Extra 21 Days to Pay Interconnect Fees 
Description

The Nigerian Communications Commission has granted the telecom a 21-day extension to settle interconnect fees owed to MTN, delaying a planned phased disconnection. Globacom reportedly owes MTN about ₦6 billion...

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The Nigerian Communications Commission has granted the telecom a 21-day extension to settle interconnect fees owed to MTN, delaying a planned phased disconnection.
Globacom reportedly owes MTN about ₦6 billion ($6.7 million) in interconnect fees, which led the NCC to approve the partial disconnection of Globacom from MTN Nigeria on January 8.
In 2019, MTN disconnected Globacom for five days, resulting in Glo paying ₦2.6 billion ( out of a total ₦4.4 billion owed, in interconnect fees. During the same period, Airtel also issued threats to disconnect Glo.
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Author Africa Business Radio
Organization Africa Business Radio
Website -
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