Gadgets Africa
  • News
    Pinterest lays off 150 staff

    Pinterest lays off 150 staff

    12 African startups get into Lagos Techstars accelerator

    12 African startups get into Lagos Techstars accelerator

    UK’s Tech Nation shuts down after ten years

    UK’s Tech Nation shuts down after ten years

    US justice dept subpoena Tesla for self-driving cars

    US justice dept subpoena Tesla for self-driving cars

    Chinese EV giant BYD to acquire Yi’an Insurance

    Chinese EV giant BYD to acquire Yi’an Insurance

    Google launches Startup Accelerator for African women

    Google launches Startup Accelerator for African women

    What you should know about Substack’s new ‘private substack’

    What you should know about Substack’s new ‘private substack’

    Amazon adds new features to Fire TV

    Amazon launches Amazon web services in Nigeria

    Fraud: Musk faces trial over 2018 Tesla tweet

    Tweeps can now appeal suspension – Twitter

  • Apps
  • Cryptocurrency
  • featured
  • Telecommunications
  • Gadgets
  • FinTech
  • Tech leaders
Gadgets Africa
No Result
View All Result

Airtel emerges sole bidder for 5G deployment

by Marcus Amudipe
December 7, 2022
in News
Reading Time: 1 min read
Airtel emerges sole bidder for 5G deployment
Share on FacebookShare on TwitterShare on Telegram

 

The Nigerian Communications Commission has closed bidding process for the deployment of 5G spectrum after Airtel Network Limited emerged as sole bidder.

The NCC said only Airtel emerged as a sole bidder for its 3.5GHz spectrum band for 5G deployment in the nation.

With Airtel emergence, the regulator said there won’t be anymore auction and that Airtel would be assigned one of the available lots of 100 MHz TDD Spectrum in the 3.5 GHz band for the NCC’s reserve price of $273.60 million.

These were contained in a statement released by the NCC on Wednesday.

The statement said by the close of business on Monday, December 5, 2022, only two companies had expressed interest in the auction of its 3.5GHz spectrum band, but only one paid required intention to bid deposit.

The statement read, “However, only Airtel paid the Intention to Bid Deposit as stipulated in the Information Memorandum, whereas, Standard Network sent an email appeal for the deadline to be extended by 12 working days which was not acceptable in view of the auction timetable.

“Having met all the provision in the IM, Airtel has, therefore, emerged as the sole Bidder. Consequently, there shall be no further bidding and the Commission will proceed to the assignment stage in line with the published Information Memorandum guiding the licensing process.”

Tags: 5GAirtelNCC

Related Posts

Pinterest lays off 150 staff
News

Pinterest lays off 150 staff

by Alade Abayomi Adeleke
February 2, 2023
12 African startups get into Lagos Techstars accelerator
News

12 African startups get into Lagos Techstars accelerator

by Alex Omenye
February 1, 2023
UK’s Tech Nation shuts down after ten years
featured

UK’s Tech Nation shuts down after ten years

by Alex Omenye
January 31, 2023
US justice dept subpoena Tesla for self-driving cars
News

US justice dept subpoena Tesla for self-driving cars

by Marcus Amudipe
January 31, 2023
Next Post
Full list of 2022 YouTube Works Awards winners

Full list of 2022 YouTube Works Awards winners

Leave a Reply Cancel reply

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

Recommended.

Ukraine: Russian court bans Instagram, Facebook

Ukraine: Russian court bans Instagram, Facebook

March 21, 2022
Adopt safety measures on Telegram, NCC advises Nigerans

NCC warns against Window-based malware

December 4, 2022

Trending.

Why Instagram'll remove 'Shop' tab from home feed

Why Instagram’ll remove ‘Shop’ tab from home feed

January 11, 2023
Adopt safety measures on Telegram, NCC advises Nigerans

NCC returns to television with ‘Telecom Weekly

January 11, 2023
Google under fire as German watchdog probes user date usage

Google under fire as German watchdog probes user date usage

January 11, 2023
Crypto company Genesis fires 30% workforce

Crypto company Genesis fires 30% workforce

January 5, 2023
2022 Nigeria Fintech Week begins Oct 25

2022 Nigeria Fintech Week begins Oct 25

October 25, 2022
Gadgets Africa

© 2023 Gadgets Africa.

Navigate Site

  • News
  • Apps
  • Cryptocurrency
  • featured
  • Telecommunications
  • Gadgets
  • FinTech
  • Tech leaders

Share

No Result
View All Result
  • News
  • Apps
  • Cryptocurrency
  • featured
  • Telecommunications
  • Gadgets
  • FinTech
  • Tech leaders

© 2023 Gadgets Africa.

Go to mobile version