Monday 9 November 2015

BREAKING NEWS: MTN CEO Resigns Over $5.2 Billion Nigeria Fine



The embattled telecommunication network, MTN announced on Monday that its CEO Sifiso Dabengwa has resigned.

The Group CEO of MTN, Sifiso Dabengwa, resigned over the recent $5.4billion fine by Nigerian Communication Commission for failing to cut off customers with unregistered SIM cards. 

The telecoms company said in a statement today that Dabengwa will resign immediately and will be replaced by non-executive chairman Phuthuma Nhleko as the company continues to dialogue with the Nigerian government over the fine.

1 comment:

  1. To resign is better for him than to cooperate with Nigeria abi?
    AM BACK!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    ReplyDelete