Home Business Technology 5G Licences: NCC Issues Final Letter To MTN, Mafab
Technology

5G Licences: NCC Issues Final Letter To MTN, Mafab

Share
NCC
Share

The Nigerian Communications Commission (NCC), yesterday issued final letters of award of the Fifth Generation (5G) Spectrum Licences to MTN and Mafab Communications.

The two companies won the 3.5 gigahertz (GHz) spectrum auction conducted by the commission in December 2021.

According to statement by Dr Ikechukwu Adinde, Director, Public Affairs of NCC, in Abuja that the management of the commission led by its Executive Vice-Chairman, Prof. Umar Danbatta, confirmed the development to the Board of Commissioners at the board’s Special Meeting.

“With the issuance of the final letters of awards of 5G spectrum and in line with the 5G auction’s Information Memorandum (IM), the two licensees are now expected to accelerate deployment of 5G network.

“That will usher Nigeria into a more robust Fourth Industrial Revolution (4IR) and a more digitised Nigerian economy among the comity of nations.

“In line with the terms and conditions of the 5G licence, the licensees are expected to commence rollout of 5G services, effective from Aug. 24, 2022,’’ he said.

The 5G network, according to him when deployed, would bring a lot of benefits and opportunities that would engender accelerated growth and smart living in the country.

“The technology is also expected to bring substantial network improvements, including higher connection speed, mobility and capacity, as well as low-latency capabilities,” he said.

“The Minister of Communications and Digital Economy, Prof. Isa Pantami, had officially handed over the spectrum allocation for 5G deployment and the Federal Government approved National Policy on 5G to the commission.

“The commission had confirmed 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, and other sector policies designed to enhance Nigeria’s digital transformation.

“The licensees are expected to meet the timetable regarding their 5G network rollout obligations,’’ he said.

“NCC required collective efforts and support of the private-sector and government toward transforming every aspect of the nation’s economy through 5G.

“This would herald greater transformation than what the nation witnessed with the 1G, 2G, 3G and 4G.”

Share

Businesstoday Magazine

Businesstoday Conference/Awards

Related Articles

Technology, AI No Longer Optional For Africa  – Shehu Tijjani

SHEHU Tijjani, managing director of Amal Technologies Limited says he believes that...

Lagos Targets Over $3m Ihvestments In Technology, Innovation

Lagos State Government is leading a team of start-up and established technology...

NCC Commences Pre-Enforcement Action On Starlink Over Price Hike

The decision by Starlink to unilaterally review its subscription packages upwards did...

NFIU Acknowledges Importance Of Fintech In Anti-money Laundering Fight

The Nigerian Financial Intelligence Unit (NFIU) has emphasised the importance of fintech...