Nigeria’s second national operator, Globacom has lost its licence in the Republic of Benin according to media reports. The company began operations in the West African country in June 2008.
Why was this license not renewed ?
Negotiations between Globacom and Autorite De Regulation Des Communications Électroniques Et De La Poste (ARCEP) the country’s telecom regulator broke down over its refusal to agree to new terms imposed by the regulator. Included in these terms was a reported increase in its license fee. The company had about 1.6 million subscribers in Benin Republic, according to data from ARCEP’s website.
Globacom was established on the 29th of August, 2003 and is Nigeria’s second largest telecommunications operator. Globacom has operations in other West African countries namely Ghana and Cote D’Ivoire. The company made history in Nigeria, when it became the first GSM operator to implement per second billing.
Glo, as the company is fondly known had recently been shortlisted among bidders for 9Mobile (formerly known as Etisalat) Nigeria’s 3rd largest GSM operator.
ARCEP Benin is the regulatory authority in charge of the communication sector in the Republic of Benin. This institution as his sisters throughout Africa is responsible for overseeing the communications and postal sector in Benin. .