Business, Featured
THE Nigerian Communications Commission, NCC, has temporarily suspended the issuance of communication licenses in three categories.
A statement signed by Reuben Muoka, director of Public Affairs, NCC, on Friday, May 17, said that the suspension “is 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 statement listed the categories as new licences for interconnect exchange Licence, mobile virtual network operator licence and 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: licensing@ncc.gov.ng,” the statement said.
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May 17, 2024 @ 19:02 GMT
Tags: NCC Reuben Muoka
