The Nigerian Communications Commission (NCC) has announced the amicable resolution of the interconnect debt dispute between MTN Nigeria Communications Plc. (MTN) and Globacom Limited (Globacom).
In an official statement signed by Director of Public Affairs, Reuben Muoka, the telecoms regulator revealed that the disconnection approval granted to MTN for Globacom has been withdrawn.
The NCC intervened further after issuing an initial Public Notice to mitigate potential disruptions to subscribers. Through mediation and facilitating the reconciliation process between the parties, the commission ensured a resolution.
Emphasizing the importance of adhering to the terms and conditions of licenses, especially those outlined in interconnection agreements, the NCC underscores the necessity for all Mobile Network Operators (MNOs) and other licensees to comply.
To prevent future instances of interconnect indebtedness, the NCC will request relevant records and regular updates from MNOs while adopting a transparent approach toward industry indebtedness.
“This statement serves as a reminder of the Commission’s commitment to fostering a stable and compliant telecommunications ecosystem in Nigeria,” the telecoms regulator added.