5G: MTN, Airtel, Mafab Comms cleared to participate in NCC’s 3.5GHZ spectrum auction
5G spectrum mock auction holds on December 10
The Nigerian Communications Commission (NCC) has announced that three telecommunications companies have qualified as approved bidders of the forthcoming 3.5 gigahertz (Ghz) spectrum auction for the deployment of fifth-generation (5G) networks in the country.
According to a statement on Thursday by the commission’s Director, Public Affairs, Dr. Ikechukwu Adinde, the development is consistent with NCC’s regulatory principle of open and transparent auction.
NCC clarified that the qualified bidders that 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), are 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,” the Commission said in the statement.
The NCC has also reaffirmed the dates for the conduct of both the Mock Auction and the Main Auction.
The commission announced that the Mock Auction will 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 time.
