ADEYEMI ADEPETUN writes on some of the issues that might have led to the temporary suspension of the issuance of communications licences by the telecoms regulator.
The Nigeria Bureau of Statistics capital importation data showed the telecoms sector attracted investments worth $134.75 million in 2023 compared to $456.83 million in 2022, a decline of 70.5 per cent year-on-year. According to him, some factors, including possible lack of traction in some of those licenses and maybe some underhand dealings have been discovered.
It was gathered that the Commission also carried out a benchmarking exercise with some jurisdictions across the world, and it was observed that there may be currently more VAS Aggregator Licensees than may be required. There are currently 49 VAS Aggregator Licensees in the country. Besides, cases of SIM boxing and call refiling have also become a major issue impacting the licensees in this sub-segment as well as MNOs that serve as the major terminating points of voice traffic in Nigeria.
But with the suspension of the issuance of this licence category, it was gathered that the NCC planned to assess the market again to see how it evolves and performs.
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Source: DailyPostNGR - 🏆 11. / 59 Read more »
Source: DailyPostNGR - 🏆 11. / 59 Read more »