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NCC confirms Airtel as sole bidder of 5G licence

The Nigerian Communications Commission (NCC), yesterday, announced Airtel as the sole bidder for the 3.5GHz Spectrum auction for the deployment of 5G in Nigeria.

NCC said that only Airtel paid the Intention to Bid Deposit (IBD) at the close of business on Monday, December 5.

A statement by NCC Director, Public Affairs, Reuben Mouka, disclosed that only two companies expressed interest in the auction of the 3.5GHz Spectrum band namely, Airtel Networks Limited (Airtel), and Standard Network & Connections Limited (Standard Network).

The statement reads further: “However, only Airtel paid the Intention to Bid Deposit (IBD) as stipulated in the Information Memorandum (IM), 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 provisions in the IM, Airtel has, therefore, emerged as the sole Bidder.”

It concluded that, “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.”

However, only Airtel paid the Intention to Bid Deposit (IBD) as stipulated in the Information Memorandum (IM), 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.

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