NCC Temporarily Suspends Issuance of New Licences in Three Categories

0
136
Advertisement

The Nigerian Communications Commission (NCC) announces a temporary suspension on issuing new licences in the following categories: Interconnect Exchange Licence, Mobile Virtual Network Operator Licence and Value Added Service Aggregator Licence.

This decision, effective May 17, 2024, aligns with the NCC’s authority under the Nigerian Communications Act (NCA) 2003 to grant and renew licences, promote fair competition, and develop the communications industry to ensure development within the communications industry.

This temporary suspension is necessary to enable the Commission to comprehensively review several critical areas within these categories. The review will focus on the current level of competition, market saturation, and prevailing market dynamics.

The NCC clarifies that this suspension only applies to new applications and will not affect pending applications, which will be assessed on their individual merits.

The Commission remains committed to ensuring a competitive and well-regulated communications industry and will communicate further developments as the review progresses.

LEAVE A REPLY

Please enter your comment!
Please enter your name here