Victor EzejaThe Nigerian Communications Commission (NCC) has temporarily suspended the issuance of licences for Mobile Virtual Network Operator (MVNO) and two categories.
Others are Interconnect Exchange and Value Added Service Aggregator Licences.
Join our WhatsApp ChannelThe Commission made this known in a statement released on Friday signed by Reuben Muoka, Director of Public Affairs, NCC.
Mouka explained that the reason for halting the issuance of new licences in those three categories was to enable the Commission conduct a comprehensive review of the current level of competition, market saturation and current market dynamics as it relates to operations of existence companies.
READ ALSO:
The statement titled: “Temporary Suspension of the Issuance of Communications Licences in 3 Categories”, reads: “In line with its powers under the Nigerian Communications Act (NCA) 2003 to grant and renew licences, promote fair competition and develop the Communications Industry, the Nigerian Communications Commission (the Commission) hereby informs all stakeholders of a temporary suspension on issuance of new licences in the following categories: 1. Interconnect Exchange Licence; 2. Mobile Virtual Network Operator Licence; 3. Value Added Service Aggregator Licence.
“This temporary suspension is necessary to enable the Commission to conduct a thorough review of several key areas within these categories, including the current level of competition, market saturation and current market dynamics.”
The statement said the suspension commences on 17 May, 2024, adding that during the suspension period no new applications will be accepted.
It however, assured that applications pending before the Commission will be considered based on their merits.
“Any enquiries or clarifications in respect of this Suspension Notice should be forwarded to: licensing@ncc.gov.ng” the statements added.
Victor Ezeja is a passionate journalist with six years of experience writing on economy, politics and energy. He holds a Masters degree in Mass Communication.
Follow Us