The executive vice chairman, Nigerian Communications Commission (NCC), Professor Umar Danbatta, has confirmed the payment of $96 million (about N26.88 billion) by MTN Nigeria being licence fee for the 30MHz in the 2.6 GHz spectrum band which it won recently.
MTN had emerged the qualified bidder that expressed interest to bid for Six (6) Lots out of the Fourteen (14) Lots on offer and paid the bid deposit as specified by the Information Memorandum (IM) on the auction.
Danbatta informed stakeholders that MTN Nigeria having emerged the sole preferred bidder in the licensing process on the 2.6 GHz Spectrum, had been issued a letter of provisional award provisioned on the payment of specified fees for the Spectrum, having made the payment.
“In line with the provisions of the Information Memorandum guiding the auction process, having paid the fees specified for 2 x 30 MHz in the 2.6 GHz Spectrum, MTN Nigeria Communications Limited has been awarded the license,” Danbatta stated in a statement he signed on behalf of the federal government.
NCC had in line with Information Memorandum planned to auction 70MHz in the 2.6 GHz Spectrum Band.
MTN had emerged the qualified bidder that expressed interest to bid for Six (6) Lots out of the Fourteen (14) Lots on offer and paid the bid deposit as specified by the Information Memorandum (IM) on the auction.
Danbatta informed stakeholders that MTN Nigeria having emerged the sole preferred bidder in the licensing process on the 2.6 GHz Spectrum, had been issued a letter of provisional award provisioned on the payment of specified fees for the Spectrum, having made the payment.
“In line with the provisions of the Information Memorandum guiding the auction process, having paid the fees specified for 2 x 30 MHz in the 2.6 GHz Spectrum, MTN Nigeria Communications Limited has been awarded the license,” Danbatta stated in a statement he signed on behalf of the federal government.
NCC had in line with Information Memorandum planned to auction 70MHz in the 2.6 GHz Spectrum Band.
The International Telecommunications Union (ITU) recommendation set aside spectrum in the 2.6GHz band for the provision of Advanced Wireless Broadband Services (AWS). The Commission will issue the winner a 10 year National Spectrum licence on a state by state basis and the Federal Capital Territory.
It would be recalled that the the Commission on March 11, 2016, published an Information Memorandum (IM) expressing its intention to auction 2 x 70 MHz in the 2.6GHz Frequency Band on behalf of the federal government and at the close of submission of applications and the subsequent evaluation thereof, MTN emerged the sole approved bidder with an expressed interest to bid for 2 x 30 MHz of the available frequency.
Consequently and in in accordance with Clause 6.5.3 of the IM which mandates the commission to provisionally award licence(s) to the approved bidder(s) if the aggregate demand is less than or equal to the number of Lots on offer, the commission declared MTN winner and provisionally awarded it 2 x 30 MHz frequency in the 2.6 GHz Band.
It would be recalled that the the Commission on March 11, 2016, published an Information Memorandum (IM) expressing its intention to auction 2 x 70 MHz in the 2.6GHz Frequency Band on behalf of the federal government and at the close of submission of applications and the subsequent evaluation thereof, MTN emerged the sole approved bidder with an expressed interest to bid for 2 x 30 MHz of the available frequency.
Consequently and in in accordance with Clause 6.5.3 of the IM which mandates the commission to provisionally award licence(s) to the approved bidder(s) if the aggregate demand is less than or equal to the number of Lots on offer, the commission declared MTN winner and provisionally awarded it 2 x 30 MHz frequency in the 2.6 GHz Band.
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