Nigeria still processing MTN’s licence renewal

Nigeria’s communications fee mentioned on Tuesday MTN Nigeria’s software to resume its working licence for an additional ten years was nonetheless present process regulatory processing.

In March, MTN Nigeria mentioned it was at a sophisticated stage in renewing its working spectrum and licence from September. The spectrum underpins the corporate’s knowledge community and telecom protection in Africa’s greatest financial system.

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The Nigerian Communications Fee (NCC) mentioned a web based media report stating that MTN Nigeria’s software had already been granted was not appropriate.

“The Fee needs to state that whereas MTN Nigeria has utilized for the renewal of the Unified Entry Service Licence (UASL) granted to it by the fee, the appliance is but to be accredited as it’s nonetheless present process required regulatory processes,” NCC mentioned in an announcement.

On Monday, MTN Nigeria’s chief government mentioned the operator deliberate to take a position 600 billion naira ($1.5 billion) over the subsequent three years to increase broadband entry in Africa’s most populous nation.

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