Home BUSINESS Technology Communication Commission Clears MTN, Others To Bid For 5G Networks In Nigeria

Communication Commission Clears MTN, Others To Bid For 5G Networks In Nigeria

Nigeria’s Communications Commission (NCC) has said that three telecommunications companies: MTN Nigeria Plc., Mafab Communications Limited and Airtel Networks Limited have qualified to bid for the auction of 3.5 gigahertz spectrum for the deployment of 5G networks in the country.

The NCC Public Affairs Director, Ikechukwu Adinde, in a statement today, December 2, said that the bidders have complied with the Bid Deposit Intent as outlined in the Information Memorandum.

According to the statement, the bidders have also complied with all the regulatory principles of the open and transparent auction commission.

“Qualified bidders who have met the criteria to participate in the 3.5 Ghz spectrum licensing process, including the payment of the intent to bid deposit (IBD) stipulated as described in the Memorandum of Information (IM), include MTN Nigeria Plc., Mafab Communications Limited and Airtel Networks Limited.

“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.”

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The Commission also reaffirmed the dates for both the Drill and the Main Auction. The mock auction is scheduled for Friday, December 10, 2021 at the Transcorp Hilton Hotel, Abuja at 11:00 a.m. M., While the main auction will take place on Monday, December 13, 2021 at the same place and at the same time.

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