By Eric Nyasha Mhunduru
THE Communications Regulatory Authority (CRAN), says failure by the parties involved in the acquisition of the Mobile Telecommunications Limited’s (MTC) shares to adhere to the Communications Act (No. 8 of 2009), will result in the imposition of fines and penalties or even revocation of the Mobile operator’s licence.
This follows the 15 March 2018 announcement by the regulator, that it had approved the sale of MTC 34 percent shares to Namibia Post and Telecom Holdings (NPTH).
CRAN chief executive officer(CEO) Festus Mbandeka told Confidente this week that the Authority will enforce non-compliance in terms of section 114 of the Communications Act (No. 8 of 2009), if the several terms and conditions it set out as basis for approval are not adhered to.
Confidente. Lifting the Lid. Copyright © 2015