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BREAKING: Glo, MTN interconnectivity debt settled
The lingering interconnectivity debt between the two telecommunication giants, Global Communications Limited and Mobile Telecommunications of Nigeria Limited, MTN has been settled, according to the Nigerian Communications Commission, NCC.
The regulatory agency gave the announcement on Thursday in Abuja.
Director of Public Affairs of the Nigerian Communications, Commission, Reuben Muoka in a statement made available to journalists, said, the resolution was in accordance with the disconnection rules, hence, the disconnection of Globacom has been withdrawn with immediate effect.
“Following its initial Public Notice, the Commission with the aim of mitigating any potential disruptions to subscribers undertook further regulatory intervention, by mediating between the parties and facilitating the reconciliation process.
“The Commission reiterates that strict adherence to the terms and conditions of licenses, particularly those delineated in interconnection agreements, is imperative for all Mobile Network Operators (MNOs) and other licensees within the telecommunications industry.
“In order to proactively address and prevent future instances of interconnect indebtedness within the industry, the Commission will be requesting relevant records and regular updates from MNOs, as well as adopting a transparent approach towards industry indebtedness.
“This statement serves as a reminder of the Commission’s commitment to fostering a stable and compliant telecommunications ecosystem in Nigeria.”