The South African mobile operator MTN’s licences has been renewed had been renewed by ten years. This comes after months and weeks of speculations of the renewal.
MTN Nigeria said the Nigerian Communications Commission (NCC) had renewed its Unified Access Service (UAS) licence and spectrum licence for wireless local loop in the 900 MHz and 1 800 MHz band, subject to licence conditions.
The company’s licences had expired on 31 August, and the new extension which kicked-off from September 1, will run for a decade.
Karl Toriola MTN Nigeria CEO said “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.”
MTN reports it paid N71.6 billion (R2.5 billion) for the spectrum licence and N374.6 million for the UAS licence.
Its never been a smooth sailing for MTN to run a business in Nigeria. In 2015 the NCC fined the mobile operator over unregistered SIM card users.