South African mobile-phone giant MTN has agreed to pay
$1.7bn (£1.1bn) to Nigeria over failing to disconnect
unregistered Sim cards.
The firm was originally fined a record $5.2bn by the Nigerian
Communications Commission (NCC) but the two sides have
settled on a lower amount.
"This is the best outcome for the company," MTN executive
chairman Phuthuma Nhleko said.
The fine was imposed amid fears that militants were using the
phone lines.
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