5G: MTN, Airtel, Mafab Qualify As Bidders For 3.5Ghz Spectrum Auction

December 2, 2021
Illustration of 5G

By Victor Ezeja

In preparation for the deployment of Fifth Generation Network (5G) in Nigeria, three telecommunications companies, MTN Nigeria, Airtel Networks and Mafab Communications have qualified as bidders for the spectrum to be auctioned by Nigerian Communications Commission (NCC).

Join our WhatsApp Channel

According to a statement by the NCC’s director of public affairs, Ikechukwu Adinde, the qualified bidders having met all the criteria in the licensing process for the 3.5Ghz spectrum as outlined in the Information memorandum, would now proceed to the final bid round which is the main auction.

“The stage is now set for the three companies to participate in the Main Auction as well as in the mandatory Mock Auction process, which will come as a precursor to the Main Auction,” Adinde stated.

The mock auction is scheduled to hold on Friday, December 10, 2021 at Transcorp Hilton Hotel, Abuja by 11:00 a.m., while the main auction will hold on Monday, December 13, 2021, as indicated in the NCC’s Information Memorandum.

5G To Create Economic Value Worth $2.2 trn by 2034

The NCC director of public affairs also confirmed that the auction will hold as earlier scheduled despite concerns on movement restrictions due to global fears of the new COVID-19 variant called Omicron which has made some western countries place travel bans on some African countries.

Nigeria had on September 8, 2021, approved the deployment of 5G network in the country to improve access to digital services and boost the country’s drive for a robust digital economy. While announcing the approval, the Minister of Communications and Digital Economy, Dr Isa Pantami had said the benefits were not just economic, health, security and education, but also include the ability for higher capacity data rates.

The NCC consequently announced an invitation to the public for submission of bids spectrum slots.

victor ezeja
Correspondent at  |  + posts

Victor Ezeja is a passionate journalist with seven years of experience writing on economy, politics and energy. He holds a Master's degree in Mass Communication.

Victor Ezeja

Victor Ezeja is a passionate journalist with seven years of experience writing on economy, politics and energy. He holds a Master's degree in Mass Communication.

Anambra Airport
Previous Story

Anambra Airport Approval: United Nigeria Airlines Initiates Awka Flights

Next Story

Sports Ministry, NFF Resolve To Sack Embattled Super Eagles Coach Rohr

Featured Stories

Latest from News

Deposed Emir Sanusi

Sanusi Rejects Move to Include Traditional Rulers in Constitution

The Emir of Kano, Alhaji Dr. Sanusi Lamido Sanusi, has rejected proposals to formally include traditional rulers in Nigeria’s Constitution, calling the move unnecessary and politically motivated. In a television interview, Sanusi said the authority of traditional rulers comes from the love
Deposed Emir Sanusi

Emir of Kano Blames Governance Gaps for Girls Being Out of School

The Emir of Kano, His Highness Muhammadu Sanusi II, has identified structural challenges, rather than cultural factors, as the main barrier keeping many girls out of school in Nigeria. Speaking in a televised interview, Sanusi said the government’s failure to provide schools
Anambra Airport
Previous Story

Anambra Airport Approval: United Nigeria Airlines Initiates Awka Flights

Next Story

Sports Ministry, NFF Resolve To Sack Embattled Super Eagles Coach Rohr

Don't Miss

African Airlines’ Cargo Demand Surges By 9.4%

African airlines demonstrated remarkable growth in air cargo demand during
Security Operatives Nab 3 Kidnappers, Rescue Victim In Anambra

Security Operatives Nab 3 Kidnappers, Rescue Victim In Anambra

Three members of a criminal gang of kidnappers have been