african telecoms firm mtn chief quits over huge nigerian fine
Last Updated : GMT 10:45:12
Arab Today, arab today
Arab Today, arab today

African telecoms firm MTN chief quits over huge Nigerian fine

Arab Today, arab today

Arab Today, arab today African telecoms firm MTN chief quits over huge Nigerian fine

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Johannesburg - Arab Today

The chief executive of South Africa-based mobile phone operator MTN has resigned over a $5.2 billion fine imposed on the company in Nigeria, a statement said on Monday.

"Due to the most unfortunate prevailing circumstances occurring at MTN Nigeria, I, in the interest of the company and its shareholders, have tendered my resignation with immediate effect," CEO Sifiso Dabengwa said.

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