MASERU – The Lesotho Communications Authority (LCA) on Thursday revoked the unified trading license of Vodacom Lesotho (Pty) Ltd after its failure to pay a M40 200 penalty.
The payment was due by October 7.
A public notice given by the Authority says the move is in accordance with Section 47(1) (e) of the Communications Act of 2012 read with conditions 7(c) and 8 of the terms of license and published in accordance with condition 8 of the Unified License.
Vodacom Lesotho was recently fined M134 million for violating licensing regulations, with the LCA listing several offenses said to have been committed since 2016. The LCA also announced they had resolved not to revoke the telecommunication company’s license but to impose the penalty instead.
The penalty was, however, reduced to payment of 30 percent of the fine, M40million, and the rest of the fine suspended for a period of five years.
Vodacom Lesotho had issued a statement following these developments that they were considering various options and would convey its position to the LCA determination at a later stage.
“As a responsible corporate citizen, Vodacom Lesotho is committed to complying with regulations and the rule of law and has made significant investments in network infrastructure, technology and socio-economic programmes throughout the country since it began operating in 1996,” Vodacom said in the statement.
The LCA is an independent regulatory agency established in 2000 and regulates telecommunications, broadcasting and postal sectors.