The Nigerian Communications Commission (NCC) has rejected Airtel Africa’s bid to buy 3.5GHz spectrums for 5G deployment without participating in an auction.
Airtel Africa had during a stakeholders’ meeting on Tuesday in Abuja declared its readiness to pay $273.6 million for the 5G spectrum after losing the first auction to MTN Nigeria and Mafab Communications in December 2021.
MTN Nigeria and Mafab Communications won the 5G spectrum after raising the bid price to $273.6 million, above the reserved $197.4 million.
