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Description
African telecoms giant MTN wins respite over huge Nigerian fine South African telecoms giant MTN has won a respite on the payment of a massive $5.2 billion fine imposed on the company in Nigeria to allow for negotiations. The Nigerian Communications Commission (NCC) slapped the penalty on Africa's largest telecoms firm for failing to deactivate 5.1 million unregistered SIM cards, sending its share price plummeting and leading to the resignation of chief executive Sifiso Dabengwa. FILE IMAGES.
