Nigeria says fines Airtel, others for poor service

Globacom, which is owned by Nigerian billionaire Mike Adenuga, was fined 277.5 million naira, while South Africa's MTN and Airtel, which is owned by Bharti Airtel, were each fined 185 million naira, the Nigerian Communications Commission (NCC) said in a statement.

Nigeria's telecoms regulator has fined mobile operators MTN, Airtel and Globacom a combined 647.5 million naira and banned them from selling SIM cards in March due to poor service, it said on Thursday.

Also Read: WhatsApp to offer voice svcs: Should telcos start sweating?

The NCC will charge each company 2.5 million naira for every day the fine is not paid after March 7, it said. The month-long ban on selling SIM cards in a country of around 170 million people could be the most damaging.

The penalties were imposed because the operators had failed to meet key performance indicators in January, the NCC said.

Bharti Airtel stock price

On February 28, 2014, at 09:23 hrs Bharti Airtel was quoting at Rs 289.70, up Rs 1.55, or 0.54 percent. The 52-week high of the share was Rs 373.50 and the 52-week low was Rs 266.95.

The company's trailing 12-month (TTM) EPS was at Rs 14.07 per share as per the quarter ended December 2013. The stock's price-to-earnings (P/E) ratio was 20.59. The latest book value of the company is Rs 135.70 per share. At current value, the price-to-book value of the company is 2.13.

Anda sedang membaca artikel tentang

Nigeria says fines Airtel, others for poor service

Dengan url

http://sehatkafein.blogspot.com/2014/02/nigeria-says-fines-airtel-others-for.html?m=0

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Nigeria says fines Airtel, others for poor service

namun jangan lupa untuk meletakkan link

Nigeria says fines Airtel, others for poor service

sebagai sumbernya

Kafein Sehat