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Business & Finance

Etisalat Sues MTN Over Visafone Acquisition

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Telecommunication company, Etisalat Nigeria has sued MTN Nigeria and Visafone Ltd, challenging MTN’s use of the 800megahertz (MHZ) spectrum following the acquisition of Visafone. MTN closed the deal acquiring Visafone in January this year.

A statement released by Etisalat says the suit was filed in order to prevent the use of the spectrum by MTN at this time, as it will entrench the dominance of MTN in the retail data services market.

The statement released by Etisalat’s Head of Media, Chineze Amanfo reads in part;

“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”.

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