"MTN Nigeria continues to engage with the Nigerian authorities in an attempt to ensure an amicable resolution to this matter," the company said in a statement.
The Johannesburg-based company neither confirmed nor denied reports that it has offered to pay $1.5bn (1.35 billion euros) to settle the penalty.
Africa's biggest wireless operator was fined $3.9bn in October after failing to disconnect 5.1 million subscribers amid concerns the lines were being used by Boko Haram insurgents.
According to a letter from the company's lawyer released in Abuja on Thursday, MTN has made an offer to pay 300 billion naira ($1.5bn) to settle the fine.
MTN last month paid out $250m towards the penalty.
Nigeria's Senate committee on communications met on Thursday to discuss the fine, saying that negotiations with MTN are expected to continue for two more weeks.
Source: AFP
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