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| Eugene Ikemefuna Juwah, the Executive Vice Chairman, NCC |
The Nigerian Communications Commission on
Wednesday said it would on May 5 auction 14 slots of the 2.6GHz
frequency for broadband communication services across the country.
At a press briefing in Abuja, 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.
Each slot of the frequency is made up of a pair of 5MHz. This means that the 14 slots that are up for
sale contain 70MHz pairs.
The NCC Director of Spectrum
Administration, Mr. Austin Nwaulune, and Director of Public Affairs, Mr.
Tony Ojobo, announced that the reserve price for each slot of the
frequency had been set at $16m.
Nwaulune also announced a deadline of
April 21 for the prospective applicants to submit their Expressions of
Interest to bid for the spectrum.
If the 14 slots of frequency are sold at
the reserved price of $16m per slot, the Federal Government will rake in
a total of $224m. However, the auction price can go up depending on the
number of applicants and their thirst for the spectrum.
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