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MTN Nigeria Communications Plc has announced the approval by the Nigerian Communications Commission (NCC) for a 10-year renewal of its first 800MHz spectrum band license (Channel 1). The renewal will be effective from January 1, 2025, and extend through December 31, 2034.
In addition to this, the NCC has also approved a four-year extension for MTN Nigeria’s second 800MHz spectrum band license (Channel 2), originally set to expire on December 31, 2030. The extension aligns the expiration of both licenses to December 31, 2034, streamlining future renewals.
In a corporate notice filed with the Nigerian Exchange Limited, MTN confirmed:
“MTN Nigeria Communications Plc (MTN Nigeria or the ‘Company’) hereby notifies Nigerian Exchange Limited and the investing public that the Nigerian Communications Commission (NCC) has approved the renewal of its first 800MHz Spectrum band licence (Channel 1) for an additional ten years, effective from January 1, 2025, to December 31, 2034.”
Strategic Impact
The harmonization of the spectrum licenses ensures operational continuity and simplifies the renewal process.
MTN Nigeria’s Chief Executive Officer, Karl Toriola, expressed satisfaction with the outcome, stating:
“We are pleased with the successful renewal and harmonization of our 800MHz spectrum licenses, 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.”
The renewed licenses reinforce MTN Nigeria’s commitment to driving enhanced connectivity and sustaining its position as a leader in telecommunications innovation.
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