Nigeria to hold public inquiry on MTN’s acquisition of Visafone spectrum

The inquiry will be held on 25 June
Nigeria is holding a public inquiry into an application by Visaphone to ransfer its resources to MTN Nigeria.
Nigeria is holding a public inquiry into an application by Visaphone to ransfer its resources to MTN Nigeria.

Share

The Nigerian Communications Commission (NCC) will hold a public inquiry on an application by Visafone Communications to transfer its licence and resources, including spectrum in the 800MHz band, to MTN Nigeria, according to TeleGeography’s GlobalComms Database.

Interested stakeholders have been invited to make written submissions on the matter and participate in the public inquiry, which will be held on 25 June.

In December 2015 MTN completed the acquisition of Visafone Communications for $219 million, with a view to utilising Visafone’s 2×10MHz of 800MHz spectrum to roll out 4G LTE services. Later in 2016, however, the NCC questioned whether the 800MHz frequencies should be included in MTN’s takeover of Visafone, as it would increase the market leader’s dominance.

In October 2016 the NCC approved a request by Visafone to transfer 100% of its shares and subscriber base to MTN, although an application to transfer its spectrum licence to the market leader remains pending.

Editor's Choice

Bahrain tops London and Silicon Valley for percentage of female startup founders - new report
Said to be among top 10 startup ecosystems with the largest share of female founders.
From the mag: Inside O2O2’s quest for fresher air with fashionable face masks
O2O2 isn’t just a face mask that’s been hitting the runways at Fashion Weeks worldwide. It’s also tackling the problem of polluted air at its source. Is there anything apps and mobile networks can’t do?

Most popular

Don't Miss a Story