Today's Big Stories

Will MTN be able to escape $5.2bn fine?

Last week Monday, mobile network operator MTN confirmed that it's been fined in Nigeria for failing to disconnect up to five million unregistered SIM cards.

MTN Group was given a two-week deadline to settle the $5.2-billion fine.

702's John Robbie spoke to the CEO of Fros Capital and member of the South Africa Nigeria Chamber of Commerce, Francis Osuyah.

Osuyah was involved in MTN’s entry into the Nigerian market. He explained how MTN got into trouble and whether it can negotiate itself out of the fine.

Listen to the conversation below:


This article first appeared on 702 : Will MTN be able to escape $5.2bn fine?


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