Globacom Limited (Globacom) and MTN Nigeria Communications Plc. (MTN) have been able to resolve their interconnect debt dispute amicably, the Nigerian Communications Commission (NCC) has announced.
The announcement is contained in a statement issued and signed by NCC’s Director of Public Affairs, Mr. Reuben Mouka.
The statement disclosed that following this resolution, the disconnection approval granted to MTN for the disconnection of Globacom has now been withdrawn.
Following its initial Public Notice, the Commission to mitigate 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.
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.