MTN USSD dispute: Meetings with banks, others still inconclusive
Series of meetings held among MTN, commercial banks and FinTechs to align on longer-term pricing structures on USSD services appeared inconclusive.
This was confirmed by the Telco giant in a statement issued by its spokesperson, Funso Aina on Thursday.
According to the statement, which was seen by Nairametrics, MTN stated that the streamlining it undertook is international standard and best practice as scale is built along distribution channels.
It stated, “We will provide a further market update once these discussions have been concluded. The streamlining MTN undertook is international standard and best practice as scale is built along distribution channels. We are confident that partners in the banking sector will work with us to ensure this process concludes as quickly as possible to the benefit of the entire industry.”