Just when we thought MTN has had enough court cases for the year, Etisalat has triggered another as the company has sued MTN over the recent visafone acquisition.
It’d be recalled that MTN acquired Vodafone in January 2016 and apparently, that isn’t going down well with etisalat. Based on that earlier report, MTN also laid off 2000 visafone workers.
According to etisalat, they are suing MTN in other to prevent the use of the 800 megahertz (MHz) spectrum by MTN because it is believed that it will create more dominance for the telecommunication network over other players in the business. Etisalat is also not happy that the Vodafone acquisition bid was not made open for other players to participate in.
The statement released by Etisalat’s Head Of Media, Chineze Amanfo reads thus:
“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.”