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Visafone sale to MTN faces regulatory hurdle

Visafone Communications Limited’s plan to sell the biggest CDMA operator to MTN Group, owners of MTN Nigeria, will have to scale a major regulatory hurdle before the two parties can close the acquisition deal, a key source conversant with the talks has told Technology Times. Both companies have been in talks to close a deal […]

Updated: President Jonathan issues Nigeria’s Digital Dividend spectrum to Adenuga

Bitflux to boost ‘Nigerian Content’ in telecoms sector, NCC says

The successful emergence of Bitflux Limited, the new entrant sole wholesale broadband company that staked a winning bid of $23.251 million for the 2.3GHz spectrum in last year’s auction is a boost for ‘Nigerian Content’ in the telecommunication market, the industry regulator has said. “The successful completion and conclusion of this auction is also the […]

Again, Govt postpones Nigeria 2.6GHz spectrum auctions ‘until further notice’

NCC: It is ‘illegal’ for govt to seal telecoms base stations

The Nigerian Communications Commission (NCC) says the incessant closure of telecoms base stations and sites across the country by various government agencies “is illegal.” Base Transceiver Station (BTS) frequently get shut down by Local, State and Federal Government agencies on grounds ranging from environmental to taxation matters. Such actions are illegal says the government telecoms […]

Fixed Wireless Access licences expire in June

Did 2.3GHz spectrum winning bidder miss payment deadline? NCC answers $23.2m question today as auction deadline expires

Attention of Nigerian telecoms market watchers is now beamed on the nation’s telecoms regulator in Abuja, which is expected to confirm today if Bitflux Communications Limited, the winning consortium in last month’s 2.3GHz frequency spectrum auction, has paid the balance of its $23.2 million winning stake following yesterday’s expiration of payment deadline.[blockquote right=”pull-right” cite=”Eugene Juwah, […]

Bitflux to boost ‘Nigerian Content’ in telecoms sector, NCC says