CEO of African telecom giant MTN resigns; Nigeria fine looms
Nigeria's 60 million-plus MTN cellphone subscribers provide about one-third of profits for MTN Group.
Nov 09, 2015, 21:13 PM ISTMTN Nigeria fined USD5.2 billion for failing to register users
MTN Group telecommunication's stock plunged 12.5 percent on the Johannesburg Stock Exchange today on the news that its most lucrative subsidiary, in Nigeria, has been fined USD 5.2 billion for failing to disconnect millions of unregistered cellphone subscribers.
Oct 27, 2015, 01:16 AM IST