The Nigerian Communications Commission (NCC) has announced a temporary suspension of new license issuance in three categories, effective May 17, 2024.
Daily Report Nigeria reports that the affected categories are Mobile Virtual Network Operator Licence, Interconnect Exchange Licence, and Value Added Service Aggregator Licence.
NCC exercised its powers under the Nigerian Communications Act 2003 to grant, renew licenses, and promote fair competition.
The suspension aims to facilitate a comprehensive review of market saturation, competition levels, and current market dynamics in these categories.
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Its Director of Public Affairs, Reuben Muoka said:
“In line with its powers under the Nigerian Communications Act 2003 to grant and renew licenses, promote fair competition and develop the Communications Industry, the Nigerian Communications Commission (The Commissions) hereby informs all stakeholders of a temporary suspension on issuance of new licenses in the following categories, Interconnect Exchange License, Mobile Virtual Network Operator License and Value Added Service Aggregator License.
“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.
“Any enquiries of clarification in respect of this Suspension Notice should be forwarded to: [email protected].”
