Interswitch Set to Fill Gaps of Underserved Rural Nigeria with Mobile Virtual Network Operator License
The Visa-backed Nigerian payments company Interswitch will enter Nigeria’s telecommunications sector after acquiring a Tier 5 MVNO (Mobile Virtual Network Operators) license. Interswitch acquired the Tier 5 MVNO (Mobile Virtual Network Operators) licence for ₦500 million ($1.08 million) from the Nigeria Communications Commission (NCC) in May 2023. Interswitch’s Tier 5 (unified virtual operator) license allows it to negotiate with one of Nigeria’s four telcos […]
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