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NCC qualifies MTN, Airtel, other for 3.5Ghz Spectrum Auction

NCC has qualified MTN, Airtel, and Mafab as bidders for the 3.5Ghz Spectrum Auction for 5G services


IT News Nigeria:

The Nigerian Communications Commission (NCC) has said MTN Nigeria Plc., Mafab Communications Limited and Airtel Networks Limited have qualitied as approved bidders of the forthcoming 3.5 gigahertz (Ghz) spectrum auction for the deployment of Fifth generation (5G) networks in the country.

A statement signed today by the Director, Public Affairs at NCC, Dr. Ikechukwu Adinde said the qualified bidders have met the criteria for participation in the licensing process of 3.5Ghz spectrum, including payment of the stipulated Intention to Bid Deposit (IBD) as outlined in the Information Memorandum (IM).

Consequently, 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.

The Commission has also reaffirmed the dates for the conduct of both the Mock Auction and the Main Auction. 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 at the same venue and same time.

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