The Nigerian Communications Corporation (NCC) has warned M-Tel parent Transcorp to restore the cellco’s operational activities back to an acceptable level or it risks facing penalties, reports local newspaper BusinessDay. Ernest Ndukwe, the NCC’s executive vice chairman, stated that new stricter parameters to regulate the telecoms industry would be enforced within the next few months, and that M-Tel was in danger of being sanctioned heavily if it failed to improve. ‘The NCC is unhappy about the degrading fortune of the company’, Ndukwe said.
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