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    Home»News»Globacom gets back regulatory services after payment of outstanding debt obligations to NCC
    News 1 Min Read

    Globacom gets back regulatory services after payment of outstanding debt obligations to NCC

    mmBy ITPulseOctober 12, 2023
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    Globacom, Nigeria
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    Globacom has been able to clear all outstanding debt obligations to the Nigerian Communications Commission (NCC), prompting the regulatory body to restore regulatory services to the Mobile Network Operator.

    This is coming months after Globacom was unable to pay Spectrum Fees, Numbering Fees and Annual Operating Levy (AOL).

    With the payment, the Commission has decided to step down planned enforcement action against Globacom over its breach of extant regulations by failing to pay its debts despite several demand notices.

    A statement signed Reuben Muoka, Director, Public Affairs, had revealed that NCC had temporarily withdrawn the suspension of regulatory services to Globacom in a letter dated May 22, 2023, titled “Re: Continuous Breach of Commission’s Laws and Regulations.”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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