The Nigerian Communications Commission (NCC) is considering lifting the suspension on the Spectrum Trading Guidelines 2018 for the Nigerian telecommunications industry, TechEconomy.ng can authoritatively report.
TechEconomy.ng had reported that the Board of Commissioners of the Commission rose from its meeting in May 2020 with the position to suspend ST and informed all licensed telecommunications operators, prospective investors, industry stakeholders and the general public in that regard.
The Board said that the decision for suspending Spectrum Trading was in response to telecommunications global dynamics as well as the efforts to optimally utilize and maximize the benefits of the Spectrum scarce resource.
TechEconomy.ng gathered that the Board at its Special Meeting, which held on Wednesday, September 16, 2020, considered the ongoing review process of the Spectrum Trading Guidelines (STG), which was preceded by the suspension of the STG by the Board at its 96th Board Meeting held on May 18, 2020.
“The Board was satisfied that, given the stage of the consultation, it was possible to lift the suspension of the STG pending the conclusion of the review”, according to an impeccable source at the Commission.
“Accordingly, the Board resolved that the suspension of the STG be lifted and that relevant stakeholders continue to operate the STG while a new/revised STG is finalized in consultation with the industry”, the source said.
Spectrum is a scarce commodity which when inefficiently utilized greatly limits broadband coverage and speeds.