5G Spectrum Auction Nigeria

Image sourced from the Verge. The Nigerian Communications Commission (NCC) has finally officially declared the date on which it will auction the 3.5Ghz spectrum for the deployment of 5G technology in the West African country. Currently, the auction is expected to be held on 13 December 2021 and, according to the Information Memorandum (IM), seen by TechNext, presented by the NCC at a stakeholders engagement forum held in Lagos recently, the reserved price for the spectrum has been started at $197.4-million. At the auction, bidders can win a 10-year 5G spectrum license but must have an operational Universal Access Service License (UASL) as a minimum requirement for bidding. New entrants or licensees without a UASL will be required to obtain one to qualify for the 5G license. The NCC said vi...