NCC approves MTNN, Airtel for 3.5Ghz spectrum auction

NCC approves MTNN, Airtel for 3.5Ghz spectrum auction

The Nigerian Communications Commission (NCC) has announced MTN Nigeria Communications Plc., Airtel Networks Ltd. and Mafab Communications Ltd. as the approved bidders of the forthcoming 3.5 gigahertz (Ghz) spectrum auction.


Dr Ikechukwu Adinde, Director, Public Affairs, NCC, disclosed this via a statement on Thursday in Abuja.


Adinde said the licence was for the deployment of Fifth-Generation (5G) networks in the country.


He noted that the qualified bidders met the criteria for participation in the licensing process for the 3.5Ghz spectrum, including payment of the stipulated Intention to Bid Deposit (IBD), as outlined in the Information Memorandum (IM).


Adinde said that the mock auction was scheduled for Dec. 10, while the main auction would hold on Dec. 13, both in Abuja.


He said: “The stage is now set for the three companies to participate in the main auction.


“They will also participate in the mandatory mock auction process, which will come as a precursor to the main auction.


“The commission has also reaffirmed the dates for the conduct of both the mock auction and the main auction.”

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