Four companies pay NGN5.5 billion for WiMAX licences

12 May 2009

According to Nigerian online newspaper The Guardian, the Nigerian Communications Commission (NCC) has cleared four companies to receive spectrum in the 2.3GHz frequency range, commonly used to deploy WiMAX services. Local telecoms companies Mobitel Limited, Galaxy Wireless and Spectranet Limited, plus a fourth, undisclosed company met the deadline to individually pay the licence fee of NGN1.368 billion (USD 9.36 million) for one slot of 20MHz each. Under the terms of the auction, companies that were among the first four to pay the fee would be successful to ensure that only firms with adequate funding capacity receive the licences. According to TeleGeography’s CommsUpdate, the NCC has received 41 applications for the four concessions from November 2006 to date. The spectrum has been 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. The NCC is expected to officially announce the winners today, after all payments have been verified.