Saturday, March 22, 2025
31.4 C
Lagos

NCC Suspends Issuance of Telecom Licenses in 3 Categories

The Nigerian Communications Commission (NCC) has issued a Public Notice ‘TEMPORARY SUSPENSION OF THE ISSUANCE OF COMMUNICATIONS LICENCES IN THREE (3) CATEGORIES’ commencing on Friday, May 17, 2024.

The public notice from NCC reads as follows:

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 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].

Date this 17th day of May 2024.

 

Reuben Muoka

Director, Public Affairs

Nigerian Communications Commission

spot_img
spot_img
spot_img

Hot this week

Unity Bank Appoints Ebenezer Kolawole as Acting MD/CEO

The Board of Unity Bank Plc has announced the...

Leadway Health HMO Champions Women’s Health in Celebration of Int Women’s Month

In recognition of International Women’s Month this March, Leadway...

Zuriel Oduwole, Sterling One Foundation, Sanwo-Olu Harp on Gender Equality, Youth Empowerment

L-R: Moyo Akinyosoye, Business Executive, Institutional Banking, Sterling Bank;...

AIICO Insurance Most Preferred Annuity Manager – Annuitants

AIICO Insurance Plc's customers have declared the company as...

£15bn Petro Union Fraud: Attorney-General of the Federation Steps In

In a significant move to safeguard Nigeria from potential...

Topics

Linkage Assurance Reports N573m PAT in 1st Half 2019

Linkage Assurance Plc has recorded a 16 percent growth...

Why N300m Insurance Rebranding Project Failed

The N300 million insurance rebranding project designed to redress...

Sovereign Trust Insurance Earn TEXEM’s Recognition Award

L-R: Segun Bankole, DGM/Head, Corporate Communications & Investor Relations,...

Qatar Airways to Launch Longest Flight in History

Qatar Airways may be about to launch the longest...

NEM Insurance CEO, Tope Smart for Business Journal 10th Anniversary Lecture

Mr. Tope Smart Group Managing Director/CEO NEM Insurance Plc Mr. Tope Smart,...

Allianz Nigeria Announces Relocation of Ibadan Branch to FD Mall

Allianz Nigeria, a leading provider of insurance and financial...

Leadway Health, NUPENG Partner to Provide Comprehensive Health Insurance for 5,000 Tanker Drivers

  L-R: President, Nigerian Association of Road Transport Owners (NARTO),...

Sovereign Trust Insurance 2023 Strategy Session Targets Market Leadership, Growth

L-R: Emmanuel Anikibe, DGM, Marketing & Business Development Division,...
spot_img

Related Articles

Popular Categories

spot_imgspot_img