NIGE­RIAN GOVERN­MENT TAR­GETS $1BN FROM BROAD­CAST FRE­QUENCY SALE

Capacity - - Africa -

The fed­eral govern­ment of Nige­ria has set out plans to raise at least $1 bil­lion from the sale of broad­cast fre­quency to its in­cum­bent tele­coms providers.

The African na­tion is set to move from ana­logue to dig­i­tal broad­cast­ing by June 2017, with plans to tran­sit the ana­logue spec­trum into tele­coms ser­vices.

Globa­com re­cently be­came the third mo­bile net­work, be­hind ntel and MTN, to up­grade and launch 4G-LTE in Nige­ria. Some lo­cal re­ports also claim that Eti­salat will soon be up­grad­ing its net­work.

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