The Grand Master of Data Globacom also known as Glo, one of the leading Nigerian telecommunications firm, has lost its operating license in the Republic of Benin.
This followed the refusal of the country’s authorities to renew the license of the Nigerian company after it expired. It was gathered that the country’s regulatory agency, ARCEP-Benin, gave new conditions to Globacom, but the firm refused to accept them.
This, according to Reuters, forced Benin’s telecommunications regulator to withdrawn Glo’s operating licence.The regulator said it had, therefore, directed Glo to stop the sale of new SIM cards and recharge cards.
Glo is required to notify its subscribers of the impending cessation of its activities and ask them to use up their available airtime and data within 30 days of the notification sent to them, according to the regulator.
This, according to Reuters, forced Benin’s telecommunications regulator to withdrawn Glo’s operating licence.The regulator said it had, therefore, directed Glo to stop the sale of new SIM cards and recharge cards.
Glo is required to notify its subscribers of the impending cessation of its activities and ask them to use up their available airtime and data within 30 days of the notification sent to them, according to the regulator.
According to ARCEP they stated that;
Glo Mobile will also have to maintain its passive co-location infrastructure with other operators for a period of three months.In September 2017, negotiations between Glo and the new administration failed. Glo has been operating in Benin since August 2007 and has grown its market share to about 12% over the 11 years period.
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