MTN gets slammed with another fine – this time in Uganda

It looks like it is a season of fines for MTN. While still battling the $5.2 billion (N1.04 trillion) fine slammed on it by Nigeria’s telecom regulatory agency for allegedly failing to disconnect customers with unregistered SIM cards and having incomplete subscriber data, the company has been fined $660,000 in Uganda, reports say, for “unlawful and anti-competitive” actions. MTN Uganda is appealing the fine.

MTN logo

It must be hard times to be MTN.

8 comments

  1. Something must be going terribly wrong in MTN’s management…and then some people will say it’s a conspiracy?

    MTN put your house in order!

  2. It’s any move capable of undermining the profitability of other service renders in order to gain a monopolic grip of the market

  3. Well, I pity mtn.. This is what happens when too many people direct their curses at you.

    Guess their shares will fall more again.

    Hopefully they won’t be contemplating staff lay-off. Their profitability has really suffered

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