Connect with us

    Hi, what are you looking for?

    Tech

    NCC suspends issuance of communications licences in three categories

    NCC's Boss

    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 (NCC) has informed all stakeholders of a temporary suspension on issuance of new licences in the following categories, Cyber Era NG learns.

    According to a press statement e-signed by the Director of Public Affairs(DPA) at NCC, Reuben Muoka, May 17, the three(3) categories of licences affected by the temporary suspension include:

    1. Interconnect Exchange Licence

    2. Mobile Virtual Network Operator Licence

    3. Value Added Service Aggregator Licence

    The NCC press statement reads in part: “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 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].”

    Loading

    Spread the love
    Click to comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    ad

    You May Also Like

    News

    Federal High Court sitting in Ikoyi, Lagos State, has ordered the final forfeiture of the sum of ₦81,108,143.8 to the Federal Government of Nigeria...

    Tech

    A United States federal court in the Southern District of New York has comprehensively dismissed all claims against Binance the world’s largest cryptocurrency exchange...

    Tech

    As part of its Kuda for Her campaign for this year’s Women’s Month, Kuda Microfinance Bank (MFB) is inviting Lagos-based women entrepreneurs in the...

    Tech

    French media group Canal+ has announced a €100 million turnaround plan to revive growth at MultiChoice, Africa’s largest pay-TV operator, after the DStv owner...