South Africa's MTN pays $124 mln to extend Ivory Coast licence

by Reuters 33 views0

South Africa's MTN seeks to reduce $5.2 bln Nigeria fine: sources

South Africa’s MTN Group this week paid 75 billion CFA francs ($124 million) to extend its operating licence in Ivory Coast, it said.

The money is 75 percent of the total cost of renewing the licence, which expires in April 2016.