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NCC Temporarily Suspends Issuance of New Licenses in Key Telecommunications Categories for Market Review | Search Media

NCC Temporarily Suspends Issuance of New Licenses in Key Telecommunications Categories for Market Review

by | May 17, 2024 | NEWS | 0 comments

The Nigerian Communication Commission (NCC) has announced a temporary suspension of new licence issuance to operators in three categories.

The categories are Mobile Virtual Network Operator Licence, Interconnect Exchange Licence and Value Added Service Aggregator Licence.

The NCC said the suspension was in line with the Nigerian Communications Act 2003 which empowers it to grant, renew licenses and promote fair competition.

In a public notice posted on its X handle on Friday, the NCC said the temporary suspension was to enable a thorough review of several key areas of market saturation, competition level and current market dynamics.

It added that during the period of the suspension, new applications for the aforementioned licenses would not be accepted.

 

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