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MTN

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JulzM
Regular Contributor
Will Mtn be liable for 79% of the nigerian fine and not the whole amount,as they they own 79% of the nigerian operation?
1 REPLY 1
CHATTYCHAT
Super Contributor
Depends on the strength of minority holding. The fine is to that entity and the effect on MTN group is limited to the majority holding. It might well be that the daddy will have to stand in based on guarantees provided as part of the licensing process.