NCC’s 5G Spectrum Auction: Stakeholders Reject Airtels $273 Pricing.

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According to Airtel Africa, the Nigerian Communications Commission (NCC) should reserve a spot in the 3. 5GHz spectrum for the company at a cost of $273. 6 million, which was the price at which the Commission auctioned the final two slots in November 2021.

However, the NCC has rejected the appeal, adamant that the procedure for allocating licenses is clearly outlined in section 124 of the Nigerian Communications Act.

The final price was established through the auction. The second-largest telecom company in Nigeria took part in the 2021 5G auction. But, it was defeated by Mafab Communications and MTN Nigeria, each of which offered $273. 60 million to surpass Airtel’s final price of $270.

In order to participate in the 2021, Airtel claimed that the slot should be set aside for it as an administrative assignment.

Businessday.

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