31 May 2024

The Nigerian Communications Commission (NCC) has announced a temporary suspension on the issuance of new licenses in interconnect exchange, mobile virtual network operator, and value added service aggregator.

This decision is aimed at allowing the Commission to conduct a thorough review of competition levels, market saturation, and market dynamics within these categories.

The suspension will not affect pending applications, which will still be evaluated on their merits. Stakeholders are advised to take note of this development as the NCC seeks to promote fair competition and further develop the communications industry.