Daily Trust

NCC directs MTN, Mafab to begin 5G rollout August

- By Zakariyya Adaramola

The Nigerian Communicat­ions Commission (NCC) has issued final letters of award of the Fifth Generation (5G) Spectrum licence to MTN and Mafab Communicat­ions, winners of the 3.5 gigahertz (GHz) spectrum auction conducted last year as it sets August 24, for them to commence deployment of the 5G network.

In a statement on Wednesday, NCC said the management led by its Executive Vice Chairman (EVC), Prof Umar Garba Danbatta, confirmed this to the board of commission­ers at the board’s special meeting earlier in April.

With the issuance of the final letters of awards, 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.

The 5G network is expected to bring substantia­l network improvemen­ts, including higher connection speed, mobility and capacity, as well as low-latency capabiliti­es.

The auction was held on December 13, 2021 while the National Frequency Management Council (NFMC), chaired by the Minister of Communicat­ions and Digital Economy, Prof. Isa

Ali Ibrahim Pantami, had, on February 22, 2022, handed over the spectrum allocation for 5G deployment as well as the Federal Government-approved National Policy on 5G to NCC.

NCC on February 24, 2022, 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.

 ?? ?? From left: Managing Director, Stanbic IBTC Capital, Funso Akerele; Head, Investor Relations, Dangote Cement, Temilade Aduroja; GMD, Dangote Cement, Michel Pucheros; Head DCM, Stanbic IBTC Capital, Tokunbo Aturamu; Group CFO, Dangote Cement, Guillaume
Moyen, during the signing ceremony of a N116bn bond issuance in Lagos, yesterday
From left: Managing Director, Stanbic IBTC Capital, Funso Akerele; Head, Investor Relations, Dangote Cement, Temilade Aduroja; GMD, Dangote Cement, Michel Pucheros; Head DCM, Stanbic IBTC Capital, Tokunbo Aturamu; Group CFO, Dangote Cement, Guillaume Moyen, during the signing ceremony of a N116bn bond issuance in Lagos, yesterday

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