By Joyce Remi-Babayeju
The Nigerian Communications Commission, NCC, has announced the temporary suspension of insurance of three categories of Telecoms licenses.
A statement from the NCC explained that under the Nigerian Communications Act, NCA, (2003) mandate to grant and renew licences, promote fair competition and develop the Communications Industry, the Commission hereby informs all stakeholders of a temporary suspension on issuance of new licences in three categories namely , Interconnect Exchange Licence; Mobile Virtual Network Operator Licence and Value Added Service Aggregator Licence.
The Commission stated, “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 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: licensing@ncc.gov.ng.
