MTN, Mafab pay for 3.5GHz licences

28 Feb 2022

The Nigerian Communications Commission (NCC) has announced that the provisional winners of the recently concluded 3.5GHz spectrum auction, MTN Nigeria and Mafab Communications, have each made the full payment of USD273.6 million for their licences by the deadline. In December last year the two operators emerged as the winners of one lot of 100MHz TDD spectrum in the 3.5GHz band each, while a third company, Airtel Nigeria, also qualified to participate but walked away empty handed at the conclusion of the final round of bidding. Following the conclusion of the assignment stage, MTN also agreed to pay an additional USD15.9 million to select spectrum in the 3500MHz-3600MHz band, with the second lot (3700MHz-3800MHz) assigned to Mafab.