NCC Restores Regulatory Services to Globacom

Three out of the 81 companies that contested at the Nigerian Communication Commission’s inspired technology innovation talent hunt competition have each been rewarded with the N10 million prize money. Nine other shortlisted companies went home with N500,000 consolation prizes each. 

The Nigerian Communication Commission (NCC) has restored regulatory services to one of its licensees, Globacom Limited after it successfully cleared its outstanding debt obligations to the Commission for unpaid Spectrum Fees, Numbering Fees and Annual Operating Levy (AOL).

According to a statement by NCC’s  Director of Public Affairs, Reuben Muoka, the Commission “has also stepped down planned enforcement action against Globacom over its breach of extant regulations by failing to pay its debts despite several demand notices.”

The Commission had temporarily withdrawn the suspension of regulatory services to Globacom in a letter dated May 22, 2023, titled “Re: Continuous Breach of Commission’s Laws and Regulations.”

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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