By Oludare Mayowa
Local unit of South Africa’s telecom firm, MTN Nigeria has revealed that the Nigerian Communications Commission (NCC) has approved its operating spectrum and licence for another ten years period.
In a regulatory filing on Wednesday, the local unit of South Africa’s telecom giant said the NCC has acknoledged the receipt of the N71.6 bilion paid for the spectrum licence and N374.6 million for the Unified Accees Service (UAS) licence.
The renewal will last for the period of September 2021 to August 31 2031, acording to the filing.
“MTN Nigeria is pleased to announced that the Nigerian Communication Commission (NCC) has formally notified the company of the renewal of its Unified Access Service (UAS) licence and spectrum licence for the wireless local loop in the 900MHz and 1800MHz band, subject to license condtions, including additional amounts under discussion.
“By this notification, these licences, which expired on 31 August 2021, have now been renewed for a further ten-year period, starting 1 September 2021,” the telecom firm wrote in the filing.
Last month, the industry regulator refuted claimed by the network provider that the NCC had approved licence renewal for the telecom firm, contradicting an update on its website.
The NCC claimed that the application for a renewal of licence by MTN Nigeria was still undergoing required regulatory processes.
MTN Nigeria chief executive, Karl Toriola in his comment on the latest news of licences renewal, said the renewal would enable the company to continue to provide services to the people.
“Renewing our licences for another ten years is very important to our business and enables us to continue to provide services to ensure the benefits of modern connected life for our people.
“MTN Nigeria is delighted with its strong partnership with the NCC and looks forward to working closely with the commission and the ministry of communications and digital economy, to accelerate the growth of Nigeria’s digital economy,” Toriola said.