News, Uncategorized

ROUND ONE OF 3.5GHz 5G LICENSE ENDS WITH $199.3M

The first round of the auction of the 3.5Ghz spectrum has just ended with the three bidders, MTN Communications Plc, Airtel and MAFAB Communications, taking the current price of the spectrum from the reserved $197.4m to $199, 374m.


Minister of Communications and Digital Economy, Alhaji Ibrahim Pantami flagged off the much anticipated 3.5 GHz Spectrum auction in Abuja at around 11.00 am today.


DCO Global News
Published on December 14, 2021
By Odoh Dominic Chukwuemeka


The auction will give rise to the deployment of 5G technology and services in Nigeria.

The auction started after a brief ceremony where the Minister of Communication and Digital Economy, Professor Isa Ibrahim Pantami, Chairman of the Nigerian Communications Commission ( NCC) board of directors, Professor Adeolu Akande and Executive Vice Chairman of the NCC, Professor Umar Danbatta addressed the participants and observers on the imperative of the spectrum auction.



In his address, Pantami traced the journey from 2019 when the 5G technology was tested in Lagos, Abuja and some other cities in Nigeria and found to be suitable and desirable for the country. He also reminded the audience that the test was also followed by an investigation on claims the technology had health dangers. He said the result of the investigation showed 5G technology had no health hazards.

He expressed optimism that by 2022 Nigeria will have the largest 5G coverage in Africa. He is also of the opinion that 5G, could solve, among others, some of the security challenges in the country, since the technology provides real-time services and platforms.



Pantami also noted that 5G will go a long way in promoting the economic development of Nigeria, because digital technology is a key enabler of other sectors, especially the financial sector.

He asked that the auction be transparent, fair and just to all parties as the administration of President Mohammed Buhari believes in fairness and justice.



The Chairman of the NCC Board of Directors, Professor Adeolu Akande said the purpose of the 3.5 GHz Spectrum auction was to support the deployment of 5G technology in Nigeria, for the benefit of Nigerians.

All three companies, MTN Nigeria, Airtel Nigeria and Mafab Communications that expressed a desire to participate at the auction, are present at the auction.

The MTN team was led by its Chief Executive officer, Karl Toriola, Mafab Communications was led by its chairman, Alhaji Musibau Bashir, and Airtel was led by Chief Financial officer, Mr S. Krishna Menon.

On Friday, December 10, the Nigerian Communications Commission (NCC) successfully carried out a mock session for the 3.5 gigahertz (GHz) spectrum auction for the deployment of the Fifth Generation (5G) network in the country in preparation for the actual auction.




By Odoh Dominic Chukwuemeka

Your support matters.
Sustain independent journalism.


FOR ADVERT PLACEMENT CALL OR TEXT OUR WHATSAPP NUMBER; +886960917723, +886970840314

Click to Follow our website Dco-global-news.com

FaceBook Page; DCO Global News

DCO Global News Contacts;
For information on Press Releases, News, Advertisements, Videos, Photos, Events happenings, Promotional Events and Adverts, Share your stories with us, Please Call or Send a Text to our Whatsapp number; +886963563485, +886970840314.
Or send an email to; chionikdom02@yahoo.com, emydom29@gmail.com

(Like and Follow our Facebook Page; DCO Global News)

(Follow us on Twitter; @Dcoglobalnews)

(Follow us on LinkedIn; Dco Global News)

(Follow us on Tumblr; Dcoglobalnews)

(Follow us on Google +; Dco Global News TV)

(Subscribe to our YouTube Channel; DCO Global News TV)

Subscribe to our Telegram Channel DCO Global News.

Follow our Website http www. dco-global-news.com

Advertise with us.
Send us enquiries, Press releases.

DCO Global News Promotes the Values of Democracy, Human Rights, Values of Life and Freedom of Expression in a Region Where Genuine Media Freedom Remains Elusive and where many Media outlets remain Divided along Ethnic Lines.
Let’s 🚶 Walk the 🚶 Walk 🚶 Together.
Don’t miss a thing, get the latest updates to fuel your conversation daily.

For 2021, DCO Global News commit to another year of high-impact reporting that can counter misinformation and offer an authoritative, trustworthy source of news for everyone. With no shareholders or political owner, we set our own agenda and provide truth-seeking journalism that’s free from commercial and political influence. When it’s never mattered more, we can investigate and challenge without fear or favour.

(Support DCO Global News.)
LET’S HAVE YOUR SAY, LET’S KNOW YOUR THOUGHTS.
LIKE, SHARE AND COMMENT.

TEXT AD: To advertise here.
Call Dominic +886970840314…
© DGN NEWS MEDIA 2021.
All Rights Reserved.

5G

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s