Just like the way everyone felt Eva’s curse was affecting Jose Mourinho’s performance at Chelsea (I have no idea why I used that), I am thinking that someone somewhere has probably placed a curse on MTN.
According to reports, Etisalat is suing MTN over the acquisition of Visafone’s 800MHz spectrum. Etisalat is claiming that MTN is enjoying too much favoritism and the deal will further allow MTN dominate other players in the industry. This was also confirmed by Etisalat’s Public Relations Regulatory and Corporate Affairs Division Officer, Chinesie Amanfo via Guardian.
“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 markets. The use of the 800MHz spectrum to deploy broadband services ahead of its competitors, particularly those who, prior to MTNs purchase of Visafone, held similar 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, as such, we are restrained from commenting further on the matter.”
We don’t know the impact of this lawsuit, but stay glued to MissTechy to get updates on this.