Frustrated with at times contradictory financial demands from the Nigerian authorities that run to US$10.1 billion, MTN has taken the issues to court.
The South Atlantic Express (SAEx) project, which aims to connect the Americas and Asia via South Africa, has reached the study, survey and permission phase, with Alcatel Submarine Networks looking into the details.
But MTN didn't raise as much as hoped.
MTN says it has done nothing wrong as the Central Bank of Nigeria demands that US$8.1 billion be 'refunded.'
With Cell C now roaming buddies with MTN, will Vodacom strike a deal with Telkom?
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