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Digital Times Nigeria
Home » Why NCC Restored Regulatory Services To Globacom
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Why NCC Restored Regulatory Services To Globacom

Our REPORTERBy Our REPORTER13 October 2023No Comments1 Min Read3 Views
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The NCC said the restoration of regulatory services came after Globacom successfully cleared its outstanding debt obligations to the Commission

The Nigerian Communications Commission (NCC) has given reasons why it restored regulatory services to one of its licensees, Globacom Limited, according to a statement on Thursday by the Commission’s Director, Public Affairs, Reuben Muoka.

The NCC said the restoration of regulatory services came after the GSM giant successfully cleared its outstanding debt obligations to the Commission for unpaid Spectrum Fees, Numbering Fees, and Annual Operating Levy (AOL).

The Commission further stated in the release that it has also stepped down planned enforcement action against the telco 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The Commission had temporarily withdrawn the suspension of regulatory services to Globacom in a letter dated May 22, 2023, titled “Re: Continuous Breach of Commission’s Laws and Regulations.”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.

READ ALSO  Telcos Set To Disconnect Banks Over N120 Billion USSD Debt
#Globacom #Regulatory Services NCC
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