Nigerian Communications Commission (NCC) said Tuesday that Spectrum trading will be key step in spectrum management reform that will entrench culture of full frequency utilization in Nigeria.
Executive Vice-Chairman of NCC, Professor Umar Danbatta said this in Lagos at the Consultative Forum on Spectrum Trading.
“Spectrum trading is now seen as a key step to be taken in the reform of spectrum management, regulatory practice eliminating the artificial scarcities of Spectrum, which increases the prices of Spectrum using services and the affects the competitiveness of different companies,” he said.
Danbatta, who was represented by Ms. Funlola Akiode, Director, Licensing And Authorisation at NCC said Spectrum Trading is a spectrum Management practice that permit transfer of Spectrum license Rights and obligations from one party to another in various forms and scope after a commercial transaction duly approved by the Commission.
According to him, it will ensure new mechanism of assigning Spectrum with the capability of unlocking the potential of new technologies and reducing barriers to new entrants in the industry.
“We envisaged that this will bridge the access and service gaps currently existing in certain rural communities which today are either underserved or unserved,” he added.
IT NEWS NIGERIA gathered that the forum is aimed at engaging stakeholders in order to deliberate and develop a framework that would guide the industry.
‘Spectrum Trading’ Key In Spectrum Management Reform – NCC