NCC announces temporary suspension of issuance of Communications Licences in 3 categories
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 Nigerian Communications Commission (the Commission) has announced the a temporary suspension on issuance of new licences in the three categories.
According to a release by the commission, the categories include Interconnect Exchange Licence, Mobile Virtual Network Operator Licence and Value Added Service Aggregator Licence.
The release further stated that the temporary suspension was 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.
It noted 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.