MTN CEO Addresses MTN/Glo Interconnect Dispute, Emphasizes Regulatory Compliance

MTN CEO Addresses MTN/Glo Interconnect Dispute, Emphasizes Regulatory Compliance

MTN Nigeria’s Chief Executive Officer, Karl Toriola, discusses the MTN-Glo interconnect debt issue in an interview with Arise TV, highlighting the company’s commitment to professionalism, compliance, and collaboration with regulatory bodies.

In response to the long-standing interconnection debt dispute between MTN Nigeria Communications Plc and Globacom Limited, Toriola acknowledged the involvement of regulatory bodies, particularly the Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN). He emphasized that MTN will adhere to the directives provided by the NCC in addressing the dispute, emphasizing the company’s commitment to professionalism and compliance with licensing conditions.

The NCC, on January 8, 2024, had published a pre-disconnection notice, granting MTN approval to commence the phased disconnection of Glo with effect from January 18, 2024. However, the disconnection was put on hold to allow for further resolution of the issues.

Toriola reassured that MTN would act in the most professional and compliant manner, ensuring that all actions align with regulatory authorizations and licensing conditions. The company remains engaged in discussions to resolve the interconnect debt issue in collaboration with the relevant regulatory bodies.

Regarding the company’s position in the industry, Toriola reiterated MTN Nigeria’s status as a solely Nigerian company, registered and led by Nigerian shareholders. He highlighted the predominantly Nigerian leadership cadre, with 90% of top-level positions occupied by Nigerians and a seasoned board of Nigerian and international directors.

Toriola emphasized that MTN Nigeria’s growth is attributed to the company making strategic decisions at the right times, acknowledging the importance of customer choice and satisfaction. The ICT company remains dedicated to integrating digital competencies and operating with the highest levels of compliance to industry standards, reinforcing its commitment to delivering quality services to its customers.

^{Below is how we can help you promote your event, organization and products/services . This is the best you can get from this global platform of over decades experience.}

^PACKAGE:

^{First Leg: Full page Promotional package showcasing your Invitation Card, Banner/Flex, 3 different Photographs and brief of the coming event. Also your picture/Name will be the headline News in digivation blog(Pre-Event)}

^{Second Leg: Full Page Promotional package of the event showcasing 5 different photographs plus short audio/visual clip of the event. Also org. picture/Name will be the headline news our blog(Post-Event).}

^{Rate: N150,000 Only For Both Pre and Post Events. (Rate is only Applicable during the Promotional Period)}

^{For further inquiries, contact the undersigned:}

^{Hilary Damissah (Editor)}

^{Mojisola Alabi ( business Development)}

^{Email: digivationtv@gmail.com}

^{Chief Imo Ukwa(Advert Consultant) 08063779938} MTN CEO Addresses MTN/Glo Interconnect Dispute, Emphasizes Regulatory Compliance