Airtel, MTN and newcomer Mafab set for Nigerian 5G auction

Airtel, MTN and newcomer Mafab set for Nigerian 5G auction

The Nigerian Communications Commission (NCC) confirmed Airtel Nigeria, MTN Nigeria and wholesaler Mafab Communications as the three qualifying bidders for its scheduled 3.5GHz spectrum auction.

Participants were required to pay an Intention to Bid Deposit (IBD) of 10% of the reserve price, which was set at US$197.4 million last month. CommsUpdate reports that the three firms have all paid their IBD and met the other criteria for approval. The auction is due to be held on 13th December 2021, with the available 3.5GHz spectrum suitable for 5G use.

Nigeria’s second-placed operator Globacom will not participate in the auction. Newcomer Mafab currently supplies local interconnect (IX) and international carrier services, offering these to both domestic and international operators. Licences are valid for 10 years, with winners obliged to meet coverage targets laid out in the auction terms.

Sign-up to our weekly newsletter

Keep up-to-date with all the latest news, articles, event and product updates posted on Developing Telecoms.
Subscribe to our FREE weekly email newsletters for the latest telecom info in developing and emerging markets globally.
Sending occasional e-mail from 3rd parties about industry white papers, online and live events relevant to subscribers helps us fund this website and free weekly newsletter. We never sell your personal data. Click here to view our privacy policy.