Enterprise Television- Benin Republic Withdraws Globacom’s Operating Licence
Benin’s telecommunications regulator has withdrawn the operating licence of Globacom, Nigerian mobile telecommunications company.
Autorite De Regulation Des Communications Électroniques Et De La Poste (ARCEP)-Benin, the regulator in the country, said it took the decision after negotiations with Glo Mobile Benin to renew its license failed.
The regulator said the company refused new conditions imposed by the government.
The new terms of contract include an increase in the cost of the licence.
According to statistics on ARCEP’s website, Glo Mobile Benin had over 1.6 million subscribers in 2015.
Established on August 29, 2003, Globacom is Nigeria’s second largest telecommunications operator. It has operations in other West African countries namely Ghana and Cote D’Ivoire.
Other subsidiaries of the company include Glo Gateway, Glo 1 Enterprise Solution and Glo Mobile Ghana.