The Nigerian Communications Commission (NCC) has temporarily stopped the issuance of new licences.
According to a statement issued by the Director of Public Affairs of the NCC, Mr Reuben Muoka, the following categories affected are:
1. Interconnect Exchange Licence
2. Mobile Virtual Network Operator Licence
3. Value Added Service Aggregator Licence
The Commission noted that the temporary suspension is necessary to enable it 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”, said the NCC.