JUST IN: Interconnect Debt Dispute Resolved Between MTN, Glo

The interconnect debt dispute between MTN Nigeria Communications Plc and Globacom Limited has been successfully resolved. 

This was revealed by the Nigeria Communications Commission (NCC) on Thursday.

The resolution comes within the 21-day grace period provided by the NCC, as highlighted in a statement by the Director of Public Affairs, Reuben Muoka.

Previously, the NCC had issued a warning in January, stating that Glo subscribers might face restrictions on making calls to MTN lines due to unresolved interconnect charges.

The potential disconnection could have affected 61.54 million mobile subscriptions on Glo’s network.

The NCC extended its notice period to allow both companies to reach an agreement, taking into consideration the impact on subscribers.

In the statement, the NCC confirmed the amicable resolution of the dispute and withdrew the disconnection approval granted to MTN.

The statement emphasized the NCC’s commitment to strict adherence to the terms and conditions of licenses, especially those outlined in interconnection agreements. Additionally, the commission expressed its proactive approach to preventing future instances of interconnect indebtedness within the industry.

This includes requesting relevant records and regular updates from Mobile Network Operators (MNOs) and adopting a transparent approach to industry indebtedness.