[kictanet] Compliance in the Telco Sector - The case of MTN

[Ali Hussein]

Listers

This is an interesting case of a regulator finally swinging into action after a former finance minister was kidnapped and the authorities couldn’t trace the sim cards used in the crime.

When Nigeria failed to trace owners of SIM cards used by kidnappers of a prominent politician in September, it was the final straw for the west African country after what it called a string of violations by telecoms firm MTN Group.

Africa’s biggest mobile phone company was given a $5.2 billion penalty by the Nigerian Communications Commission (NCC) last month after the South African company failed to cut off users with unregistered SIM cards from its network.

Nigeria has been pushing industry players to verify the identity of their subscribers on worries that unregistered SIM cards were being used for criminal activity in a country facing Islamic militant group Boko Haram’s insurgency.


Read on:-

http://www.moneyweb.co.za/news/companies-and-deals/nigeria-kidnap-case-helped-to-trigger-fine-on-mtn/#.Vj5zGEBTFVY.linkedin <http://www.moneyweb.co.za/news/companies-and-deals/nigeria-kidnap-case-helped-to-trigger-fine-on-mtn/#.Vj5zGEBTFVY.linkedin>

Thanks & Regards

Ali Hussein
ali at hussein.me.ke

+254 713 601113
Twitter: @AliHKassim
Skype: Abu-Jomo
LinkedIn: http//ke.linkedin.com/in/alihkassim
Blog: www.alyhussein.com

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