Namibia Refutes to Grant telecommunications Starlink License
CRAN stated that Starlink’s Namibian subsidiary does not meet local ownership requirements, which usually mandate that at least 51% of a telecom company be domestically owned. The regulator said the decision was made in line with licensing regulations and could be reconsidered either on its own initiative or if a petition is filed within 90 days.
Starlink had requested an exemption to operate as a fully foreign-owned entity, but Namibia’s ownership laws posed a legal obstacle to the plan.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.