The interconnect debt issue between MTN Nigeria Communications Plc. (MTN) and Globacom Limited (Globacom) has been amicably resolved, the Nigerian Communications Commission (NCC) said with pleasure.
According to a statement from Reuben Muoka, Director of Public Affairs, MTN’s disconnection approval for Globacom has been revoked in compliance with the resolution.
“Following its initial Public Notice, the Commission undertook further regulatory intervention, by mediating between the parties and facilitating the reconciliation process, with the aim of mitigating any potential disruptions to subscribers,” the statement continued.
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.”
