MTN Disapproved by NCC from acquiring Visafone

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Actually, to me it was a surprise and shock story that Nigerian Communications Commission (NCC) prevented South African giant MTN from acquiring the only surviving CDMA operator, Visafone.

The main reason for the sudden cancellation of the acquisition was discovered by NCC, so that acquisition can not be done without a public hearing by interested parties to determine the future of Visafone in the company's general interest. Company.

The NCC's main statement was discussed by major telecommunications operators in Nigeria (MTN, 9mobile, Glo and Airtel) and other operators at a meeting of NCC headquarters in Abuja.

Professor Umar Garba Danbatta, executive vice president of NCC, insisted he will make a decision to transfer licenses and features, including the 800 MHz spectrum from Visafone to MTN.

However, during the presentation, Airtel and 9mobile representatives objected to Visafone's MTN transfer plan, insisting that MTN already owns 38% of the country's spectrum.

They argued that if NCC would give up or approve the transfer, the development would create a monopoly for MTN and would also hinder competition.

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