"Half bread is better than none," says MTN Nigeria chairman

Despite fighting other billion-dollar tax battles in court, the company is officially on the bourse

A squeeze on its market share could explain why the telecoms giant flouted the law.

The Independent Communications Authority of South Africa has said MTN’s $5.2-billion fine shows the importance of complying with regulation.

Boko Haram, the low oil price and the firm’s rapid growth could all be linked to the huge fine slapped on MTN by Nigeria’s communications commission.

Nigeria’s biggest mobile phone operator MTN has warned that its network faces shutdown due to fuel shortages that have crippled the nation.