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NCC says more telcos are distressed

•Fingers banking reforms Ernest Ndukwe, executive vice chairman, Nigerian Communications Commission (NCC), has revealed that more telecommunications firms operating in the country have begun to show disturbing signs of distress. According to Ndukwe, this is as a result of issues revolving around poor corporate governance, wrong business decisions, and the management style employed by these telcos in the economic crisis. Currently, there are four telecom companies operating in the Code Division ...
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Added February 10, 2010
from Businessday Nigeria