The Nigerian Communications Commission, NCC, on Friday announced temporary suspension on issuance of new licences in the Interconnect Exchange Licence, Mobile Virtual Network Operator Licence and Value Added Service Aggregator Licence.
The commission in a statement released today said 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 noted that “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.
