NCC Board Issues Statement On 9Mobile Sale- Here’s What We Know
The Board of the Nigerian Communications Commission (NCC) has issued a statement to reassure stakeholders of the regulatory body’s commitment to ensuring that EMTS/9Mobile is duly taken over by investors with the requisite technical clout and pedigree to manage the organisation.
In the statement signed by Director, Public Affairs, NCC, Mr Tony Ojobo, after its its Board meeting held in Abuja on Thursday, February 22, 2018, the Board affirmed its determination to avoid the recurrence of any mis-calculation that may have led to the current situation in which the nation’s fourth largest Mobile Network Operator is enmeshed.
The Board also made it clear that pursuant to the powers conferred on the Commission by the provisions of the Nigerian Communications Act 2003 and other instruments in that regard, the Commission will ensure that all relevant statutory and regulatory processes are duly complied with in the process leading up to the emergence of new owners for the company.
The Board therefore assured all Stakeholders that the Commission will apply all necessary diligence to see the ongoing sale process through to its logical conclusion in a manner that protects the overall national interest and the seamless operation of the national telecommunications network.