The Nigerian Communications Commission (NCC) says the interconnect debt dispute between MTN Nigeria Communications Plc. (MTN) and Globacom Limited (Globacom) has been amicably resolved.
Reuben Muoka,Director, Public Affairs, made the disclosure in a statement he signed in Abuja on Friday and made available a copy to The Reporters.
He said in accordance with this resolution, the disconnection approval granted to MTN for the disconnection of Globacom had now been withdrawn.
“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.
The director said that in order to proactively address and prevent future instances of interconnect indebtedness within the industry, the Commission would be requesting relevant records and regular updates from MNOs, as well as adopting a transparent approach towards industry indebtedness.
According to him the statement serves as a reminder of the Commission’s commitment to fostering a stable and compliant telecommunications ecosystem in Nigeria.
Edited by Dawud Ahmed.