MTN Nigeria gets approval for renewal and harmonization of spectrum licenses

MTN Nigeria Communications Plc has notified the Nigerian Exchange Limited and the investing public that the Nigerian Communications Commission (NCC) has approved the renewal of its first 800MHz Spectrum band license (Channel 1) for an additional ten years, effective from 1 January 2025 to 31 December 2034.

The NCC has also approved the extension of the second 800MHz spectrum band licence (Channel 2), which expires on 31 December 2030, for an additional four years, with a new end date of 31 December 2034. The extension aims to harmonise the tenure of the Company’s 800MHz spectrum licences so that they jointly expire on 31 December 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.”

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