It is a total war against Telecommunication giants, MTN and Mike Adenuga's Globalcom, in Benin Republic over the week as Glo has began to
lease, sell off their properties to meet the 3 months ultimatum given to them
by the Benin government to vacate the country.
A source exclusively informed Omonaijablog
today that; “Globacom have been leasing their properties to other
telecommunications companies and selling some off as the case might be so as to
park within the next 3 months, failure which will sealed the fate of Glo in the
country as they would not be able to operate as a corporate entity in Benin
republic again.”
“Mtn is also currently having a
serious problem with the Benin Government as we speak, the Managing Director of
MTN Mr Stephen Blewett, have been sent parking from the country, his stay visa was
said to have been revoked and with this, was asked to leave the country.”
“As for Glo, on the 30th of May
2016, they have forwarded a request for a license renewal from the Benin
government but, the government decided to introduce some conditions that was
not in the first contract Glo had with them.”
“This was dragging and the two
parties failed to reach an agreement which eventual led to the revocation and
sending the telecommunication giant parking away from Benin Republic.”
It could be recalled that on
Monday December 18, 2017, L'Autorité de régulation des communications
électroniques et de la poste (ARCEP); The commission in charge of
telecommunications; decided to revoke the license of Glo mobile network in Benin
Republic meaning the Glo mobile network can no longer operate in the country.
The countries new head, Président
Talon, gave Glo mobile just one month to inform all their existing customers to
use up the credits on their phone and to tell all their subsidiaries and sublets
to sell all they have in their cares before the expiration of the 30 days ultimatum.
This implies that, at the end of
the 30 days, all Glo mobile GSM lines won’t be able to work anymore in Benin
republic. But, it should be noted however that this license that is being
withdrawn from Globalcom was the one that was given to them on the 30th of
August 2007, exactly 10 years ago so, it expired on the 19th of August 2017.
There have been problems for so
many international corporate bodies in Benin republic since the assumption of
the new president, Talon.
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