The Nigerian Communications Commission (NCC) has announced a temporary suspension on the issuance of new licenses in three critical categories: Mobile Virtual Network Operator Licence, Interconnect Exchange Licence, and Value Added Service Aggregator Licence.
The Mobile Virtual Network Operator Licence is granted to companies that offer mobile services under their brand while utilizing the network of a licensed mobile operator.
The Interconnect Exchange Licence facilitates the interconnection of multiple independent entities for electronic communication transfer.
The Value Added Service Aggregator Licence pertains to non-core network telecommunication services, including internet, directory service, paging, voicemail, prepaid calling card service, call center services, content services, and vehicle tracking.
The suspension aims to allow the NCC to conduct a comprehensive review of market saturation, competition levels, and current market dynamics.
Despite the suspension, applications submitted before the announcement will still be considered based on merit.
This decision was communicated through a public notice on the NCC’s X handle, signed by Reuben Muoka, Director of Public Affairs Department, NCC.
The telecommunications sector in Nigeria is currently grappling with several challenges, including high inflation, currency devaluation, multiple taxation, regulatory burdens, high right-of-way charges, inadequate power supply, and vandalism of infrastructure.
