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Tension As Ijaw Youths Shut Down Glo Network In Bayelsa

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There was papetual tension in Yenagoa, Bayelsa State as Ijaw youths shut down telecommunication masts belonging to Globalcom.

The Herald gathered that it was the youths under the auspices of the Ijaw Youths Council (IYC) Central Zone, that caused the development.

They said  the telecommunication company refused to sit on a roundtable with them to resolve some of their corporate issues affecting the state.

READ ALSO: Obasanjo Travelled More Than Buhari – Oshiomhole Declares

Kennedy Olorogun,chairman, IYC, Central Zone,  asked Glo network subscribers to port to other networks pending the willingness of the company’s managers to resolve the problems.

Earlier, The Herald reported MTN Nigeria Communications Plc on Wednesday announced revenue of N856.48 billion for nine months ended Sept. 30, 2019.

The revenue figure is on the company’s nine months unaudited result posted on theNigerian Stock Exchange (NSE) website.

The unaudited result showed that the revenue represented a growth of 12.03 per cent when compared with N764.46 billion achieved in the corresponding period of 2018.

Profit after tax dropped to N148.32 billion during the period under review in contrast with N157.19 billion achieved in the comparative period of 2018, a decrease of 5.64 per cent.

Also, profit before tax stood at N212.01 billion in contrast with N227.08 billion in 2018, representing a decrease of 6.63 per cent.

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