Africa Tech News

Globacom Gets an Extra 21 Days to Pay Interconnect Fees


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The Nigerian Communications Commission has granted the telecom a 21-day extension to settle interconnect fees owed to MTN, delaying a planned phased disconnection.
Globacom reportedly owes MTN about ₦6 billion ($6.7 million) in interconnect fees, which led the NCC to approve the partial disconnection of Globacom from MTN Nigeria on January 8.
In 2019, MTN disconnected Globacom for five days, resulting in Glo paying ₦2.6 billion ( out of a total ₦4.4 billion owed, in interconnect fees. During the same period, Airtel also issued threats to disconnect Glo.

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Africa Tech NewsBy Africa Business Radio