MTN Nigeria says the telecoms regulator has renewed its operating licence for another 10 years, a development that confirms Technology Times exclusive report.
MTN Nigeria announced on Wednesday in a statement on its website that its Unified Access Service (UAS) licence and spectrum licence for wireless local loop in the 900MHz and 1800MHz band have been renewed by telecoms regulator, the Nigerian Communications Commission (NCC).
The MTN Nigeria announcement confirms Technology Times exclusive story titled “Govt renews MTN Nigeria licence amid 20 years of ‘GSM phones’ that had reported that the nation’s largest mobile network operator (MNO), has secured a regulatory approval of the renewal of its operating licence for another 10 years.
MTN Nigeria licence renewal ‘delivers modern connecteed life’
“The 10-year operating licence otherwise known in telecoms industry lingo as universal access service licence (UASL), comes into effect on September 1, 2021 and expires on August 31, 2031, according to regulatory filings by the Nigerian Communications Commission (NCC) reviewed by Technology Times”, our story had stated.
Meanwhile, MTN Nigeria says the telecoms regulator has also confirmed receipt of its payment of N71.6 billion for the spectrum licence and another N374.6 million for the UAS licence for the licensing period of September 1, 2021 to August 31, 2031.
“By this notification, these licences, which expired on 31 August 2021, have now been renewed for a further ten-year period, starting 1 September 2031”, the nation’s largest mobile network operator says about the NCC confirmation.
Mr Karl Toriola, MTN Nigeria CEO, says that “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 a modern connected life for our people.”
Toriola says that “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.”