Airtel Nigeria emerges sole bidder in second 5G licensing round

Telecoms company, Airtel Nigeria Limited, has emerged the sole bidder in the second round of licensing for the deployment of 5G technology.

The Nigerian Communications Commission said on Wednesday that Airtel applied for the 3.5GHz spectrum alongside Standard Network & Connections Limited, but only Airtel made the initial payment required.

“However, only Airtel paid the Intention to Bid Deposit (IBD) as stipulated in the Information Memorandum (IM),” the NCC spokesperson Reuben Morka said in a statement.