BusinessMTN, Mafab to roll out 5G in August, NCC...

MTN, Mafab to roll out 5G in August, NCC says

-

- Advertisment -

The Nigerian Communications Commission (NCC) on Wednesday said telecommunication operators are expected to begin the roll out of fifth generation technology services in August 2022, after it handed over the final letters of award of 5G spectrum licences to winners of the December 3.5GHz spectrum auctions.

With the letters, the winners of the auction, MTN and Mafab Communication, are now expected to accelerate the deployment of 5G network that will usher Nigeria into a more robust Fourth Industrial Revolution (4IR) and a more digitised Nigerian economy.

“In line with the terms and conditions of the 5G license, the licensees are expected to commence roll out 5G services effective from August 24, 2022,” the NCC said in a statement signed by its spokesperson, Ikechukwu Adinde.

Mafab Communication and MTN Nigeria emerged the two successful winners of the 3.5gigahertz(GHz) spectrum auction for the deployment of 5G technology while Airtel had opted out of the bid.

After 11 rounds of bidding for eight hours the winners emerged. The commission had fixed the minimum price of $197.4 million, and the two winners got the nod of the regulator at $273 million each.

The Commission said the 5G network will provide a lot of benefits and opportunities that will accelerate growth and smart living in the country.

It added that the technology is also expected to bring substantial network improvements, including higher connection speed, mobility and capacity, as well as low-latency capabilities.

After the government handed over the 5G policy to the commission, on February 24, NCC acknowledged the full payment of $273.6 million each by the two spectrum winners, in addition to spectrum assignment fee paid by MTN, for the 5G spectrum licence.

“The Commission is optimistic that effective implementation of the National Policy on 5G will accelerate the actualisation of the national targets in the Nigerian National Broadband Plan (NNBP) 2020-2025, the National Digital Economy Policy and Strategy (NDEPS) 2020-2030, as well as other sectoral policies designed to enhance Nigeria’s digital transformation,” the statement said.

“While the licensees are expected to meet the timetable regarding their 5G network rollout obligations, the NCC requires collective efforts and support of the private-sector and government toward transforming every aspect of the nation’s economy through 5G, which will herald greater transformation than what the nation witnessed with the 1G, 2G, 3G and 4G.”

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

2022 Mushin Day: Malaika to headline All White Party celebration in London June 3

The echoes of fun life in a popular community in Lagos is about to be heard in the faraway...

Iyabo Ojo blows hot as she reacts to allegations about daughter, Priscilla dating Kizz Daniel

Nollywood actress, Iyabo Ojo has spat fire while reacting to an allegation about her daughter, Priscilla dating singer, Kizz...

Abuja female Corps member bathed with acid, killed over boyfriend

The Federal Capital Territory Police Command has paraded three suspects in connection with the murder of a female member...

Poetry and essay competition to celebrate Tokunbo Wahab at 50

A poetry and essay competition has been instituted by renowned filmmaker and the President of Association of Movie Producer...
- Advertisement -

Tokunbo Wahab: An uncommon legal eagle soaring daily to a greater place in history

By Victor Ojelabi It amazes many how some politicians quickly gather court-like followership that often transcend their generation. Why would...

Ecobank aided AMCON to steal my N5b worth Hotel, Suru Group boss laments

Chairman of Suru Group traces the origin of his problem with AMCON to when Ecobank without notice, sold their...

Must read

- Advertisement -

You might also likeRELATED
Recommended to you