Telcos may approach court over N120bn USSD debt, threaten service withdrawal

There is yet to be an end to the controversies surrounding the about N120 billion owed telecommunication companies by banks in the country for the Unstructured Supplementary Service Data (USSD).

This is as the telcos have issued fresh threats to withdraw the USSD service if banks do not pay their N120bn debt owed to them.

According to the telcos, the issue has dragged on for too long and a court resolution might be needed since the banks do not seem to be ready to clear the debt.