The commission also said it sanctioned the telecommunications giant based on security reasons following its failure to deactivate 5.2million unregistered SIM cards.
It said it acted in the national interest and to protect innocent Nigerians from falling victim of terrorists using unregistered SIM cards .
According to a top shot in NCC, the deadline was extended to Friday for more consultations.
The source said: “Although the deadline expired on Monday, we have extended it to Friday to enable all parties to conclude ongoing talks.
“Definitely by the end of the week(Friday), we will issue another statement. We hope that we would have finalised ongoing discussions in the interest of all parties. Our official position will be known by the end of the week.
“We decided not to be rigid about the deadline to allow for the conclusion of talks.”
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