NCC Holds Stakeholders’ Forum On Fresh 5G Auction
Nigerian Communications Commission (NCC) is set to engage the stakeholders and provide more insight into the Draft Information Memorandum that will guide the process for the second auction of the 5G network.
The second auction comes up barely one year after the first auction that was won by the duo of MTN Nigeria and Mafab Communication after 11 rounds of bids lasting about eight hours in December 2021.
The Commission had earlier announced the plan to license additional lots in the 3.5 GHz spectrum band for the deployment of the 5G (fifth generation) Global System of Mobile communication) and the proposed exercise appears to be gathering steam.
The interactive session with the stakeholders will hold at 9 am at the Marriot Hotel, Ikeja, Lagos, on the 15th of November 2022, and will feature comments and submissions made by the different stakeholders on the Draft Information Memorandum. The outcome of the submission will be taken into consideration by the Commission in publishing the Information Memorandum for the auction.
The process for the auction of the proposed lots of frequencies for 5G services, commenced on 21 October 2022 with the publication of the Draft Information Memorandum on the Commission’s website.
Stakeholders have earlier been advised, in statements and subsequent advertisements, to study the Information Memorandum and make their comments and questions available to the Commission.