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Telecommunications firm, Airtel has completed payment for its Fifth Generation (5G) network license in Nigeria. The firm coughed out $316.7 million for the 5G license and 4G spectrum to the Federal Government through the Nigerian Communications Commission (NCC).
Airtel, a telecommunications company, has finished paying for the license for its (Fifth Generation) 5G in Nigeria.
The Nigerian Communications Commission (NCC) said only two companies expressed interest in the auction of the 3.5GHz spectrum.
The Nigerian Communications Commission (NCC) has cancelled the planned 3.5 GHz spectrum auction following the emergence of Airtel Networks Limited as the sole bidder for the process.
Airtel Africa was the only operator to bid in the second round of Nigeria’s 3.5GHz spectrum auction, with its rivals refraining from registering interest or paying an intention to bid deposit.