Thursday, 21 December 2017



Benin Republic Withdraws Globacom's Operating Licence

The commercial activities of Global Communications firm is about to be grounded in neighbouring Benin after its operating license was seized.
 
 
Benin Republic’s telecommunications regulator has withdrawn the operating licence of Nigerian mobile telecoms company, Globacom’s local unit in a dispute over new terms, according to a document seen by Reuters.
 
The regulator, ARCEP-Benin, said it took the decision after negotiations with Glo Mobile Benin to renew its licence broke down earlier this month after the company refused new conditions imposed by the government.
 
Officials with the parent company, which is owned by Nigerian billionaire, Mike Adenuga, were not immediately available for comment.
 
The ARCEP document did not say what the government’s new conditions were, but a source close to the regulator, who asked not to be named, said they included an increase in the cost of the licence.
 
Glo Mobile Benin said it had over 1.6 million subscribers in 2015, according to the most recent statistics available on ARCEP’s website.
 
Globacom also operates mobile networks in Nigeria and Ghana.
OR



Kindly follow Tonygists on social media platforms 

    



OR


Subscribe to Tonygists by Email



Are You On youtube? subscribe to our Latest Updates - @tonygists
Are You On youtube? subscribe to Xtremely Honest Channel Latest Updates - @Xtremely Honest

Are You On Twitter? Follow Us Now For Latest Updates - @tonygists1

Are You On FACEBOOK? Like Our Page For Latest Updates - tonygists

Are You On FACEBOOK? Join Our Group For Latest Updates And Interactions - TonyGists


© 2019 Tonygists | Portions are © 2019 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or distributed.

Share This Post Via

Related Posts

Previous
Next Post »


Reliance Training and Management Consulting, a dynamic, fast growing indigenous entity, was established and duly registered with the aim to nurture, develop and innovate people and organisations through customized training, development and management consulting services, with excellent performance, deep sense of commitment, transparency, honesty and responsibility, to demonstrate the highest standard of technical and operational expertise.
 


 
Reliance is competently positioned to provide technical knowledge and skills relevant to practical management and business problems, to stimulate the creativity and innovation necessary to build a better community, a better nation and a better world with a committed mind set to contributing our best to the maximization of personal potentials and skills toward optimizing productivity and achieving organisational goals.
 
for more information click RELIANCE TRAINING AND MANAGEMENT CONSULTING

AD 728 x 90size