Connect with us


Interconnected Financial Challenge: The Reason Behind NCC Granting a 21-Day Reprieve to Glo



In a sensational twist, telecom titans MTN Nigeria and Globacom have dodged a potential call blackout, saving a staggering 61 million Glo customers from communication chaos. The high-stakes negotiations over interconnectivity debt, reported earlier by Daily Trust, climaxed in a crucial agreement between the South Africa-owned MTN Nigeria and indigenous operator Globacom.

Confirming the resolution, the Nigerian Communications Commission (NCC) announced a strategic move, suspending its earlier approval for MTN to implement a phased disconnection of Glo due to their prolonged debt dispute.

Reuben Mouka, Director of Public Affairs at NCC, exclaimed in a statement, “The commission is elated to announce that the parties reached an agreement to resolve all outstanding issues between them.”

In a surprising regulatory maneuver, the NCC has wielded its authority to halt the phased disconnection for 21 days, starting January 17, 2024. Expressing optimism for a swift resolution, the commission stressed the urgency of settling interconnect debts promptly, a vital aspect of regulatory compliance for telecom licensees.

Insiders at the NCC unveiled that government intervention played a pivotal role in preventing a potential economic downturn resulting from the disconnection. High-profile federal government officials, led by Minister of Communications and Digital Economy Dr. Bosun Tijani, engaged in talks with MTN and Glo representatives last week to defuse the looming crisis.