The Nigerian Communications Commission (NCC) has renewed MTN Nigeria’s 800MHz Spectrum band licence.
The approval for the renewal of MTN Nigeria’s first 800MHz Spectrum band licence (Channel 1) for an additional 10 years is effective from January 1, 2025, to December 31, 2034.
This was contained in a notice MTN issued at the Nigerian Exchange Limited and signed by the company secretary, Uto Ukpanah, on Wednesday.
According to the notice, NCC has also approved the extension of the second 800MHz spectrum band licence (Channel 2), which expires on December 31, 2030, for an additional four years, with a new end date of December 31, 2034.
The extension aims to harmonise the tenure of the company’s 800MHz spectrum licences so that they jointly expire on December 31, 2034, for ease of subsequent renewals.
Commenting on the transactions, MTN Nigeria CEO Karl Toriola said: “We are pleased with the successful renewal and harmonisation of our 800MHz spectrum licences, which lay a solid foundation for the ongoing delivery of 4G services to our customers. This enables us to continue to meet the demand for data and is integral to our broader strategy for enhancing connectivity.”
MTN Nigeria is one of Africa’s largest providers of communications services, connecting over 81 million people in communities across the country with 51 per cent market penetration.
Guided by a belief that everybody deserves the benefits of a modern connected life, MTN Nigeria’s leadership position in coverage, capacity, and innovation has remained constant since its launch in 2001.
MTN Nigeria is part of the MTN Group – a multinational telecommunications group, which operates in 18 countries in Africa and the Middle East.
