NCC suspends license issuance to MVNO, VAS, one other
The issuance of communication licences in three categories, including Mobile Virtual Network Operator (MVNO), Interconnect Exchange, and Value Added Service Aggregator, has been suspended, the Nigerian Communications Commission (NCC) has disclosed.
According to reports, the commission, while announcing this in a public notice issued by its Director of Public Affairs, Mr Reuben Muoka, on Friday, noted that the suspension, which takes effect from May 17, 2024, is temporary and it is in line with its powers under the Nigerian Communications Act (NCA) 2003 to grant and renew licenses, promote fair competition, and develop the communications Industry.
This means that no company can apply for a new licence in any of the three affected categories.
The commission also noted that all pending applications for the same licences would still be considered and treated accordingly.
The Commission said, “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 applications for the aforementioned licenses will not be accepted. This is without prejudice to pending applications before the Commission, which will be considered on its merits.”
