The Nigerian Communications Commission (NCC) has announced the suspension of the issuance of communication licences in three categories including mobile virtual network operator (MVNO), interconnect exchange, and value added service aggregator.
The commission announced this in a public notice issued by its spokesperson Reuben Muoka on Friday.
According to the commission, the suspension, which takes effect from May 17, 2024, is temporary.
This means that no company will be able to apply for a new licence in any of the three affected categories. NCC said the suspension is in line with its powers under the Nigerian Communications Act (NCA) 2003 to grant and renew licenses, promote fair competition, and develop the communications Industry.
It, however, noted that all pending applications for the same licences would still be considered and treated accordingly.
“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 applications for the aforementioned licenses will not be accepted. This is without prejudice to pending applications before the Commission which will be considered on its merits,” the statement said.
The MVNO licence is the newest category of license introduced by the NCC. Over 40 companies have been licensed to operate in the five tiers of the licence. However, none of them has rolled out service yet.