Networkedpoint
Thursday, January 21, 2021
SUBSCRIBE
No Result
View All Result
  • Home
  • News
  • How to
  • Entertainment
  • Top list
  • Health
  • Sports
  • Politics
  • Home
  • News
  • How to
  • Entertainment
  • Top list
  • Health
  • Sports
  • Politics
No Result
View All Result
Networkedpoint
No Result
View All Result
Home News

NCC Stops MTN from Acquiring Visafone

Mudasiru Adewale by Mudasiru Adewale
June 29, 2018
Reading Time: 2min read
A A
0
NCC Stops MTN from Acquiring Visafone

The Nigerian Communications Commission (NCC) on Monday stopped moves by Africa’s largest telecom service provider, MTN Group, to acquire the only surviving Code Division Multiple Access (CDMA) operator, Visafone.

In 2016, the MTN Group had announced its acquisition of Visafone Communications Limited following the signing of a deal by both companies.

The main reason for the sudden acquisition halt was revealed by NCC, that the acquisition cannot be done without a public inquiry for stakeholders to determine the future of Visafone in the overall interest of the company.

Read also: App Development : How Business Owners Can Use Mobile Apps to Their Advantage

The NCC statement was argued by the major telecom operators in Nigeria (MTN, 9mobile, Glo and Airtel) and other operators in the stakeholders meeting in NCC headquarter in Abuja.

Speaking at a stakeholders meeting at the NCC headquarters on Monday in Abuja, the Executive Vice Chairman of the NCC, Prof Umar Garba Danbatta, said the public inquiry is important in order for the stakeholders to make informed decision on the matter.

According to him, NCC under the law can take decision on the transfer of license and resources, including the 800MHz Spectrum from Visafone Communications Limited to MTN Nigeria Communications Limited.

“In order to reap the benefits of effective utilization of spectrum as well as improve operational efficiency and regulatory excellence, the Commission in accordance with its mandate as enshrined in the Nigerian Communications Act NCA 2003 embarked on re-planning of some of its Frequency bands,” he said.
Meanwhile, the representatives of Airtel and 9mobile in the country opposed the plan to transfer the license of Visafone to MTN, insisting that such move could create a monopoly for MTN in the industry while a lot of telecommunications companies could be permanently disadvantaged.

So, what do you think about this, is it ok for NCC to handover the full license and resources of Visafone to MTN alone? or other telecoms companies should be part

Read also:  6 Ways to Get a Virtual Dollar Card in Nigeria

RELATEDPOSTS

6 Ways to Get a Virtual Dollar Card in Nigeria

6 Ways to Get a Virtual Dollar Card in Nigeria

January 16, 2021
WandaVision TV series

WandaVision Trailer: Elisabeth Olsen, Paul Bettany Travel Back In Time

September 30, 2020
The Croods: A New Age Animated Movie Trailer

‘The Croods: A New Age’ Gets First Trailer From Universal And DreamWorks

September 30, 2020
No Time To Die

New No Time to Die Poster Doubles Down on November Release

September 20, 2020
ShareTweetSend
Next Post
Samsung Galaxy Note 9

Samsung Galaxy Note 9 Release Date Comfirmed

Samsung edge screen

How To Add Samsung Galaxy S9/S8/Note 8 Edge Screen feature on any Android phone

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RSS MORE NEWS

  • Bugless Android 11 ROM You Can Install On Tecno Pouvoir 3 Plus LB8A Right Now January 16, 2021
  • How To Download Windows 10 ISO File Legally In 2021? January 10, 2021
  • How To Get Google Camera 8.1 On Any Android Smartphone? January 9, 2021
  • Glo 22X Plan: Everything You Need To Know January 8, 2021
  • WhatsApp Updates Privacy Policy – Here’s Why You Should Be Concerned January 8, 2021

Recommended

Google Bought Mastercard Data To Track Your Offline Purchases For Ad-Targeting

Google Bought Mastercard Data To Track Your Offline Purchases For Ad-Targeting

September 2, 2018
Apple Photos Free Training

Apple Is Offering Free, Personal Training To Teach Photo Editing

September 2, 2018
Electric Bike

Rwanda Launches Electric Bikes To Improve Environmental Health

October 18, 2019
Samsung Galaxy Note 9 Now Available For Pre-order

Samsung Galaxy Note 9 Now Available For Pre-order

August 5, 2018
Best Glow In The Dark Phone Cases - These Are Must-Haves

Best Glow In The Dark Phone Cases – These Are Must-Haves

December 3, 2018
Samsung edge screen

How To Add Samsung Galaxy S9/S8/Note 8 Edge Screen feature on any Android phone

July 12, 2018
  • Contact Us
  • About Us
  • Terms and Condition
  • Privacy Policy
No Result
View All Result
  • Contact Us
  • About Us
  • Terms and Condition
  • Privacy Policy

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.