The Nigerian Communications Commission (NCC) has announced that three telecommunication companies have received approval by the commission to bid for the 3.5 gigahertz spectrum auction for the use of Fifth-generation networks in Nigeria.
Why it matters?
At the moment, just the fourth-generation has been in use in the country as the Federal Government gradually rolls out plans to unravel 5G in the country.
In a statement, the Nigerian Communications Commission (NCC) said the “qualified bidders have also met the Intention to Bid Deposit as outlined in the Information Memorandum, and are MTN Nigeria Plc., Mafab Communications Limited, and Airtel Networks Limited.”
Among the approved telecommunication companies includes MTN and Airtel.