NCC to auction two 5G spectrum slots Monday

538

The Nigerian Communication Commission (NCC) says it has 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

n a statement on Friday signed by NCC’s public affairs director,Ikechukwu Adinde, the commission said the conduct of the simulation exercise was in line with the requirements stipulated in the information memorandum (IM) for the 3.5 GHz spectrum auction.

The NCC said the simulated auction, which took place on Friday, December 10, 2021, at the Transcorp Hilton Hotel, Abuja, was preparatory to the main auction scheduled to take place on Monday, December 13, 2021, at the same venue.

Using the ascending clock auction system for the mock session, the three qualified bidders  for the 3.5 GHz spectrum, namely: MTN Nigeria, Mafab Communications Ltd, and Airtel Networks Ltd, participated in the software-based simulated auction exercise.

To ensure a fail-proof process, the commission said it also simulated the manual process of the auction, aside from the electronic process.

It explained that bidders need to be familiar with the manual auction in case of any circumstances on the main auction day that may warrant a need to switch to the manual auction.

Speaking during the event, Umar Danbatta, executive vice-chairman of NCC, said the commission had taken all necessary steps to ensure due diligence on the credibility of the consultants and to safeguard the integrity of the software.




Leave a Reply

Your email address will not be published. Required fields are marked *