Benin Republic Sacks Nigeria's Globacom Because Of Its Refusal To Pay A New Licensing Fee

at 12:14 PM, 22/01/2018 (1 year ago)
(12321 | Hero) Online (f)

Global Telecommunication company owned by Nigerian business mogul, Mike Adenuga is set to be closed down in Benin Republic following licensing issues.  Nigerian telecom giant Globacom has been ordered to leave Benin because it has refused to pay a new licensing fee.
 
The Regulatory Authority for Electronic Communications and Posts (ARCEP), which issued the order, noted that its decision was based on the Glo’s refusal to pay while others are paying.
 
The regulator said it had, therefore, directed Glo to stop the sale of new SIM cards and recharge cards. Glo is required to notify its subscribers of the impending cessation of its activities and ask them to use up their available airtime and data within 30 days of the notification sent to them, according to the regulator.
 
Quote
“Glo Mobile will also have to maintain its passive co-location infrastructure with other operators for a period of three months,”
ARCEP stated.
 
In September 2017, negotiations between Glo and the new administration failed. Glo has been operating in Benin since August 2007 and has grown its market share to about 12% over the 11 years period.
 
If Glo finally leaves Benin, it would have been the second to leave after Bell Benin Communications SA exited some time back. That country would then be left with MTN, Libercom, Spacetel and Moov serving subscribers in that country.



slimber at 02:58 PM, 22/01/2018 (1 year ago)
(12068 | Hero) (f)
Just passing minding my biz
Reply
ruthie at 03:29 PM, 22/01/2018 (1 year ago)
(17455 | Hero) (f)
OGA ADENUGA, PAY O...
Reply
benosky4 at 05:46 PM, 22/01/2018 (11 months ago)
(4884 | Gistmaniac) (m)
Glo is only good in advert. yeye pple

Reply

LATEST COMMENTS

  1. murphiano99 on: ‘Leave Nigeria Now or Suffer’ – Police Reads Riot Act To Gays And Lesbians
    Why not start  with Bobrisky first.... 1 min ago ago
  2. murphiano99 on: ‘Leave Nigeria Now or Suffer’ – Police Reads Riot Act To Gays And Lesbians
    [quote author=ficull link=topic=375676.msg5511302#msg5511302 date=1548170987]Enforce the law pls. It... 2 mins ago ago
  3. Ziakeghalucky on: Tragedy! As Angry Husband Butchers Wife, Children And 4 Others To Death In Ebonyi
    Top tennis Star Serena Williams and husband Alexis Ohanian enjoy a nice walk with daughter Olympia i... 17 mins ago ago
  4. Ziakeghalucky on: Lady Puts Her Panties Up For Sale To Raise Money For Her House Rent (Video)
    Pretty Nigerian Lady In cut in a  Pantless Fight Lately, women have learnt how to face their ch... 45 mins ago ago
  5. Ziakeghalucky on: Nigerian Man, Ayigbe James Bond Reveals What Happened After His Wife Told Him To Lose Weight (Vi
    SEE What this Young Wife Did To Her Husband After She Was Told To Pack Out of the house(Photos) read... 59 mins ago ago