The Communications Regulatory Authority of Namibia (CRAN) announced on Friday, April 1, that it would not award new telecom licenses between October 1, 2022, and September 30, 2023. According to the regulator, during that period, it will carry out a market survey to assess the competition and saturation of the national mobile market.
According to CRAN CEO Emilia Nghikembua (photo), the regulator “will, however, consider applications for amendment, withdrawal, transfer, and cession of existing telecommunications or broadcasting service licenses when practically possible – and if such shall not result in a change of the data set.”
The regulator will also accept and consider applications for spectrum licenses from only existing service licensees, and Spectrum applications for bands that are service license-exempt, she added.
The move is part of the authority's strategy to regulate the ICT and postal services sector at a time when the telecommunication market is rapidly growing. According to recent figures posted by the regulator, cell phone and mobile broadband subscribers grew by 1.7 percent and 2.6 percent respectively in the fourth quarter of 2021.
"While the temporary postponement of the award of new telecommunications and broadcasting service licenses will impact the business plans of prospective providers or telecommunications and broadcasting services, it is paramount that CRAN continuously intervenes in the market dynamics to ensure fair competition, and remove barriers to market entry for the benefit of consumers," Emilia Nghikembua explains.
Isaac K. Kassouwi
Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...
The BCEAO cut its main policy rate by 25 basis points to 3.00%, effective March 16. Inflation...
Central Bank of Nigeria said 20 commercial banks have met new minimum capital requirements, with...
EIB commits over €1 billion for renewable energy in sub-Saharan Africa Funding supports Miss...
Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...
Kenya to fund Nairobi airport expansion using pipeline company IPO proceeds Government allocates $155 million seed capital from National...
Angola receives 596 investment proposals worth $21.8 billion in five years About 80% of proposals came from Chinese investors Reforms and...
Palm oil futures in Malaysia surged 9%, their biggest one-day gain in three years. The spike follows rising oil prices after escalating tensions in the...
FCMB Group has raised capital to meet the Central Bank of Nigeria’s new requirements. The recapitalization combined a public share offer and a partial...
Located about forty kilometers east of Lomé along the Gulf of Guinea, Aného is one of the most historically significant towns in Togo. Nestled between a...
African-born artists generated $77.2 million in auction sales in 2024, down 31.9% year-on-year. Women artists accounted for about $22...