Glo, MTN Resolve Interconnect Debt Dispute

<h4>Glo<&sol;h4>&NewLine;<p><strong><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">OpenLife Nigeria<&sol;a><&sol;strong> reports that the Nigerian Communications Commission &lpar;NCC&rpar; is pleased to announce that the interconnect debt dispute between MTN Nigeria Communications Plc&period; &lpar;MTN&rpar; and Globacom Limited &lpar;Globacom&rpar; has been amicably resolved&period;<&sol;p>&NewLine;<p>This is disclosed in a statement signed by Reuben Muoka&comma; Director&comma; Public Affairs&comma; NCC and made available to <a href&equals;"https&colon;&sol;&sol;www&period;vanguardngr&period;com&sol;">OpenLife<&sol;a><br &sol;>&NewLine;The statement stated that in accordance with this resolution&comma; the disconnection approval granted to MTN for the disconnection of Globacom has now been withdrawn&period;<&sol;p>&NewLine;<p>Following its initial Public Notice&comma; the Commission with the aim of mitigating any potential disruptions to subscribers undertook further regulatory intervention&comma; by mediating between the parties and facilitating the reconciliation process&period;<&sol;p>&NewLine;<p>The Commission reiterates that strict adherence to the terms and conditions of licenses&comma; particularly those delineated in interconnection agreements&comma; is imperative for all Mobile Network Operators &lpar;MNOs&rpar; and other licensees within the telecommunications industry&period;<&sol;p>&NewLine;<p>In order to proactively address and prevent future instances of interconnect indebtedness within the industry&comma; the Commission will be requesting relevant records and regular updates from MNOs&comma; as well as adopting a transparent approach towards industry indebtedness&period;<&sol;p>&NewLine;<p>This statement serves as a reminder of the Commission&&num;8217&semi;s commitment to fostering a stable and compliant telecommunications ecosystem in Nigeria&period;<&sol;p>&NewLine;<figure id&equals;"attachment&lowbar;23931" aria-describedby&equals;"caption-attachment-23931" style&equals;"width&colon; 300px" class&equals;"wp-caption alignnone"><img class&equals;"size-medium wp-image-23931" src&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;wp-content&sol;uploads&sol;2024&sol;02&sol;glo-mtn-300x155&period;jpg" alt&equals;"Glo&comma; MTN Resolve Interconnect Debt Dispute" width&equals;"300" height&equals;"155" &sol;><figcaption id&equals;"caption-attachment-23931" class&equals;"wp-caption-text"><em><strong>MTN and Glo<&sol;strong><&sol;em><&sol;figcaption><&sol;figure>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;