The Association of Telephone, Cable TV & Internet Subscribers of Nigeria, ATCIS, has called congratulated MTN Nigeria and new entrant, Mafab Communication for the successful bid for the available lots for the delivery of 5G service across the country.
In a statement by the president, during his visit to South Africa, Prince Adesina Bilesanmi Jelili, also seized the opportunity to call for an effective collaboration between the bid winners and other stakeholders in the sector.
MTN Nigeria and new entrant, Mafab Communications, won the bid for the available two lots at $273 million each after a day-long auction which ran into Monday night of 3.5GHz spectrum license for 5G service delivery. The winners are expected to pay the bid price on February 23, 2022 at the prevailing official naira value, with this, the Federal Government will be pocketing a total of $546 million as proceeds from the spectrum sale.
The keen interest of the three bidders, which included Airtel, pushed the cost of the spectrum to $273 million from the reserve price of $197.4 million fixed by the Nigerian Communications Commission (NCC). Airtel dropped interest at $270 million to produce the two winners at the end of the eleventh round of bidding. The Ascending Clock System of Auction is adopted by the NCC, where the auction manager increases the bidding price at every bidding round, allowing the law of demand and supply.
Minister of Communications and Digital Economy in Nigeria, Mr. Isa Ali Pantami, in an address, had traced the journey towards the deployment of 5G network in Nigeria to 2019 when the technology was first tested in Lagos, Abuja, and some other cities in the country, and found to be suitable and desirable in Nigeria. He also reminded Nigerians of a followed up study that showed 5G had no health hazards
According to Bilesanmi, ATCIS would like to assure Nigerians Telecommunications Subscribers that, following the successful auction of the 5G spectrum, it is prepared to drive the implementation of the next phase of the deployment of the new technology.
He therefore called for a day collaboration with Federal Government, Ministry of Communications and Digital Economy & Nigerian Communications Commission NCC informing of a planned conference with the theme” 5G Technology in Nigeria: A Practical Approach to Entrepreneur, Security as Economic Benefit to all Subscriber as a citizens, schedule to hold on 20th,January 2022
Meanwhile, ATCIS President, Sina Bilesanmi, also spoke on the on the speculated connection between former Lagos State Governor and a leader of the All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu and Mafab Communications. According to Bilesanmi, those spreading the news are ill-formed. He said, “I can tell you authoritatively that Bola Tinubu is not the owner of Mafab Communications and has laid claim to its ownership.