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NCC: We Will Market 5G spectrum In December

NCC: We Will Market 5G spectrum In December

The Nigerian Communications Commission (NCC) has formally said that the auction of the 3.5 Gigahertz (3.5 GHz) spectrum for the deployment of Fifth Generation (5G) technology in Nigeria, will commence on December 13, 2021. Information Guide Nigeria

In an Information Memorandum (IM) submitted by the Commission at a stakeholder forum organised on 5G spectrum in Lagos, NCC is adopting Ascending Clock Auction format, which is software-based while a mock auction has been scheduled for December 10, 2021, as a precursor to the actual auction on December 13, 2021.

According to PREMIUM TIMES, the IM provides information, conditions, obligations, financial implication, timelines and other necessary details on the planned 3.5Ghz spectrum auction.

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The IM also explains the rollout obligations of the would-be eventual winners of the spectrum licence auction, whose reserve price has been pegged at $197.4 million (N75 billion). jamb results

The IM also states that only licensees, who make down payment of 10 per cent of the reserved bid price and with 100 per cent regulatory compliance would be allowed to participate in the auction while licensees with outstanding debts that have secured NCC’s approval for a payment plan will be allowed to participate in the auction.

According to the IM, the auction comes with a 10-year spectrum licence and a minimum requirement of an operational Universal Access Service Licence (UASL). However, new entrants or licensees without a UASL will be required to obtain a UASL operational license to be qualified for the 5G licence.

The eventual licensees will have a rollout obligation plan spanning a period of 10 years, beginning from the date of award of the licence. Between the first and second year of the licence, the operators are expected to roll out service in, at least, one state in each geo-political zone.

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Goodnews

Essien, Goodnews is a gruaduate of Communication Arts, University of Uyo, Uyo; Currently working at Infoguide Media as a news writer.

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