0

The Nigerian Communications Commission (NCC) has announced a temporary suspension on the issuance of new licenses for Interconnect Exchange, Mobile Virtual Network Operator (MVNO), and Value Added Service Aggregator. This suspension, effective May 17, 2024, aims to allow the telecoms regulator to conduct a comprehensive review of competition levels, market saturation, and current market dynamics in these sectors.

RELATED: NIMC, NCC announced joint efforts to enhance NIN-SIM linkage processes

In a public notice signed by Reuben Muoka, Director of Public Affairs, the NCC explained that the suspension is essential for assessing and ensuring fair competition and sustainable market growth.

During the suspension period, new applications for the specified licenses will not be accepted. However, pending applications will still be reviewed and considered on their merits. The NCC invites stakeholders to direct any inquiries or requests for clarification to [email protected].

The temporary suspension aligns with the NCC’s mandate under the Nigerian Communications Act (NCA) 2003, which includes granting and renewing licenses, promoting fair competition, and fostering the development of the communications industry.

ADVERTISEMENT

Read the public notice from NCC below.

‘Temporary Suspension of the Issuance of Communications Licences in Three (3) Categories’ commencing on Friday, May 17, 2024

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:

  • Interconnect Exchange Licence
  • Mobile Virtual Network Operator Licence
  • 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.

ADVERTISEMENT

The public is invited to note that during the suspension period commencing on 17th of May, 2024, new application for the aforementioned licences will not be accepted. This is without prejudice to pending applications before the Commission which will be considered on their merits.

Any enquiries or clarifications in respect of this Suspension Notice should be forwarded to: [email protected].

 

ADVERTISEMENT

More in News

You may also like