It was shocking when the Nigeria Communications Commission (NCC) stopped the South Africa giant, MTN from acquiring the only surviving CDMA operator, Visafone.
The main reason for the sudden acquisition halt was revealed by NCC, that the acquisition cannot be done without a public inquiry for stakeholders to determine the future of Visafone in the overall interest of the company.
The NCC statement was argued by the major telecom operators in Nigeria (MTN, 9mobile, Glo and Airtel) and other operators in the stakeholders meeting in NCC headquarter in Abuja.
Prof Umar Garba Danbatta, Executive Vice Chairman of NCC, insisted that they will take decision on the transfer of license and resources, including the 800MHz Spectrum from Visafone to MTN.
However, during the presentation, the representative of Airtel and 9mobile opposed the plan to transfer the license of Visafone to MTN, insisting that MTN already had 38 percent of spectrum holding in the country.
They argued that if NCC should concede or grant the transfer, the development would create a monopoly for MTN and also make competition difficult.
Do you think it's nice for NCC to handover the full license and resources of Visafone to only MTN?
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