The Nigerian Communication Commission (NCC) has restored regulatory services to one of its licensees, Globacom Limited (GLO) after it successfully cleared its outstanding debt obligations to the Commission for unpaid Spectrum Fees, Numbering Fees and Annual Operating Levy (AOL).
A statement released on Thursday by the NCC and signed by the Director of Public Affairs, Mr. Reuben Muoka, noted that The Commission has also stepped down planned enforcement action against Globacom over its breach of extant regulations by failing to pay its debts despite several demand notices.
The Commission had temporarily withdrawn the suspension of regulatory services to Globacom in a letter dated May 22, 2023, titled “Re: Continuous Breach of Commission’s Laws and Regulations.”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.
Reports had it that the telecom company paid N154 billion to the federal government, as a substantial part of N200 billion it owed.
Globacom Limited is a Nigerian multinational telecommunications company headquartered in Lagos. GLO is a privately owned telecommunications carrier that started operations on August 29, 2003. It currently operates in four countries in West Africa, namely Nigeria, Republic of Benin, Ghana and Côte d’Ivoire.
