NCC has announced today the extension of deadline for the submission of Bid and Initial Bid Deposit in respect of the 3.5GHz Spectrum Auction from 24th to 29th November.
IT News Nigeria:
The Nigerian Communications Commission (NCC) revealed this in a statement signed by its Director, Public Affairs, Dr. Ikechukwu Adinde.
The majority of commercial 5G networks are relying on spectrum in the 3.5 GHz range. This momentum makes it vital that regulators assign as much contiguous 5G spectrum as possible in the range.
NCC “invites the Public to note that the submission of responses in respect of the 3.5 Gigahertz Spectrum Band auction was scheduled to close on Wednesday, 24th November 2021.”
“However, due to the challenges posed to air travels as witnessed recently and considering that it may have some impact on intending bidders regarding the submission of their bids, the Commission hereby extends the deadline for submission of bids and Initial Bid Deposits (IBDs) to 5.00 pm on Monday, 29th November, 2021.”
The Statement added that all other events as scheduled in the Information Memorandum remain unchanged.
NCC said through the collaborative efforts of the National Frequency Management Council (NFMC) and Nigerian Communication Satellite Limited (NigComSat), the Commission was able to secure the necessary 3.4 – 3.9GHz C-band for deployment of 5G services in Nigeria. The C-band is globally accepted as the candidate of choice for 5G deployment due to its excellent propagation characteristics.