BUSINESS

NCC restores regulatory services to Globacom

Published

1 year ago

October 12, 2023

Funmilola Gboteku

The Nigerian Communication Commission (NCC) on Thursday says it has restored regulatory services to one of its licensees, Globacom Ltd., a telecommunications company after it successfully cleared its outstanding debt.

This was made known in a statement signed by the Director, Public Affairs at NCC, Mr Reuben Muoka.

It said that the Telco had obligations to the Commission for unpaid Spectrum Fees, Numbering Fees and Annual Operating Levy (AOL).

According to the statement, the Commission has also stepped down planned enforcement action against Globacom over its breach of extant regulations by failing to pay its debts in spite of several demand notices.

It was reported that the Commission had temporarily withdrawn the suspension of regulatory services to Globacom in a letter dated May 22, 2023, titled “Re: Continuous Breach of Commission’s Laws and Regulations”.

It said the suspension of regulatory services to Globacom was automatically reinstated after it failed to meet the conditions for the earlier withdrawal.

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Funmilola Gboteku

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