NewsTelecommunicationNCC To Auction Two Slots For 5G Spectrum On Monday

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ABUJA — A mock session for the 3.5 gigahertz (GHz) spectrum auction for the deployment of the fifth-generation (5G) network in the country has been conducted according to the Nigerian Communications Commission (NCC).

The simulated auction took place on Friday at the Transcorp Hilton Hotel, Abuja.

The commission announced this on Friday in a state signed by Ikechukwu Adinde, NCC’s public affairs director.

NCC said the simulation exercise was in line with the requirements stipulated in the information memorandum (IM) for the 3.5 GHz spectrum auction, noting that it 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.

The commission said it also simulated the manual process of the auction, aside from the electronic process.

NCC also stated 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.

The two slots in the 3.5 GHz spectrum band is expected to be picked by successful bidders at the end of the main auction on Monday.

Beloved John (Staff Writer)

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