Sim deactivation mtn agrees to pay n1 04trn fine

It seems like you're referring to a recent news article or development involving MTN, a telecommunications company, and the Nigerian government.

To provide some context, MTN Nigeria, a subsidiary of the South African-based MTN Group, was fined N1.04 trillion (approximately $2.7 billion) by the Nigerian Communications Commission (NCC) for failing to disconnect over 5 million unregistered SIM cards.

The fine was imposed after MTN Nigeria failed to meet the deadline set by the NCC to disconnect the unregistered SIM cards, which is a requirement under the Nigerian Communications Act. The company was also accused of failing to provide accurate information about its subscribers and its network operations.

MTN Nigeria has since agreed to pay the fine, which is one of the largest fines ever imposed on a company in Nigeria. The payment is expected to be made in installments over a period of three years.

It's worth noting that the fine is a significant blow to MTN Nigeria's financial performance, and the company has already taken steps to address the issue by disconnecting the unregistered SIM cards and implementing measures to prevent similar incidents in the future.

I hope this information helps clarify the situation. If you have any further questions or would like more details, please feel free to ask!