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NCC qualifies MTNN, Airtel for 3.5Ghz spectrum auction

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

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

Adinde said the license 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 of 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 will 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.”

Jessica Dogo

NEWSVERGE, published by The Verge Communications is an online community of international news portal and social advocates dedicated to bringing you commentaries, features, news reports from a Nigerian-African perspective. A unique organization, founded in the spirit of Article 19 of the Universal Declaration of Human Rights, comprising of ordinary people with an overriding commitment to seeking the truth and publishing it without fear or favour. The Verge Communications is fully registered with the Corporate Affairs Commission of the Federal Republic of Nigeria as a corporate organization.

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