MTN Nigeria Fine Cut 35% to $3.4 Billion as Local CEO QuitsBy
Fine payable by the end of December, Nigerian regulator says
MTN's chairman will consider penalty, to consult further
The Nigerian telecommunications regulator cut the fine imposed on MTN Group Ltd. to $3.4 billion from a record $5.2 billion and the chief executive officer in the country quit as part of a wider management shake-up at Africa’s biggest mobile-phone operator.
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