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Reading: Globacom Denies Owing MTN Interconnect Charges
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Nigerian News, Politics, Business, Economy, Investment, Entertainment and Sports. > Blog > News > Globacom Denies Owing MTN Interconnect Charges
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Globacom Denies Owing MTN Interconnect Charges

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Last updated: January 9, 2024 3:31 pm
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2 years ago
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Nigerian telecommunications giant, Globacom, has firmly rebutted claims of owing substantial interconnect charges to MTN, clarifying that the reported N1.6 billion debt had been settled without contention.*

The rebuttal comes in response to a public pre-disconnection notice issued by the Nigerian Communication Commission (NCC) on January 8. The notice, signed by Reuben Muoka, Director of Public Affairs at NCC, cited Glo’s failure to clear its outstanding debts, leading to the authorization of partial disconnection as per the Nigerian Communications Act (2003) and relevant guidelines.

However, a source within Globacom expressed dissatisfaction, asserting that due diligence should have been conducted before allegations were made. The company unequivocally stated, “We are not owing MTN any interconnect charges.”

Highlighting its important role in introducing the pay-per-second billing system that disrupted the market, the telecommunications giant emphasized its position as a fully indigenous company, redefining communication accessibility across Nigeria. Globacom dismissed the reports as false allegations aimed at tarnishing its reputation within the industry.

With the looming possibility of Glo subscribers losing the ability to call MTN after the 10-day grace period from the notice issuance, Globacom maintains its stance, refuting any outstanding financial obligations to MTN while reaffirming its commitment to ethical business practices within the telecommunications sector.

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