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Broadband frequency to be auctioned May 5

19 March 2015, 18:41

Abuja - The Nigerian Communications Commission (NCC) said it would on May 5 auction 14 slots of the 2.6GHz frequency for broadband communication services across the country, Punch reports.

The NCC Director of Spectrum Administration, Austin Nwaulune, and Director of Public Affairs, Tony Ojobo, announced that the reserve price for each slot of the frequency had been set at $16m.

Also read: APC threatens court action against NCC over fund raising

Nwaulune also announced a deadline of April 21 for the prospective applicants to submit their Expressions of Interest to bid for the spectrum.

The regulatory agency said the frequency auction would be on national basis. This means that the NCC has abandoned its former plan to issue the licences on regional basis.

Read more at Punch

- News 24


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