African telecoms firm MTN chief quits over huge Nigerian fine
MTN logo
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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