Even though MTN is still in battle with the NCC over not deactivating Sim cards with incomplete details, it appears MTN is in for another trouble as one of their major competitors in the telecommunications business is looking to sue them over their newly acquired asset, Visafone.
According to Ngrguardiannews, Etisalat has filed a lawsuit against MTN over the acquisition of Visafone's 800MHz spectrum. Etisalat claims that MTN enjoys too much favoritism and that the acquisition will make MTN dominate other Telecom providers (But that's the point naa).
According to Etisalat's Public Relations Regulatory and Corporate Affairs Division Officer, Chinesie Amanfo;
All that is just Big big grammar, to break it down to simple English, what happened is;
Etisalat thinks that by buying Visafone, MTN would become a stronger force in the telecom circle and it'll be harder to compete with them.
According to Etisalat's Public Relations Regulatory and Corporate Affairs Division Officer, Chinesie Amanfo;
"You will recall that MTN Nigeria was declared dominant by the Nigerian Communications Commission (NCC) in 2013 and remains dominant in the wholesale leased line and retail voice markers. The use of the 800MHZ spectrum to deploy broadband services ahead of its competitors, particularly those who, prior to MTN's purchase of Visafone held the same spectrum bands as MTN will further entrench MTN's dominance in the Nigerian Telecommunications sector.
"We have in addition and in line with section 86 of the Nigerian Communications Act, 2003 engaged the NCC to understand the basis of its decision to approve the acquisition. As you are aware, the matter is already in court and we are restrained from making further comments on the issue. ".
All that is just Big big grammar, to break it down to simple English, what happened is;
Etisalat thinks that by buying Visafone, MTN would become a stronger force in the telecom circle and it'll be harder to compete with them.
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