NCC to issue spectrum in the 2.3GHz band

5 May 2009 reports that the Nigeria Communication Commission (NCC) will soon issue spectrum to operate in the 2.3GHz frequency band (suitable for WiMAX). The regulator plans to award four slots of 20MHz at the cost of NGN1.37 billion (USD9.4 million) each to four different companies. According to its executive vice chairman, Ernest Ndukwe, the NCC has received over 40 applications for the licences from 2006 to date. He added that the spectrum will be granted on a ‘use-it or lose-it basis’ and any company that is assigned spectrum and does not deploy a network within the specified time frame will lose the licence and forfeit the fees paid.