{"id":77601,"date":"2022-12-07T19:19:18","date_gmt":"2022-12-07T18:19:18","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/ncc-provides-update-on-status-of-3-5ghz-spectrum-auction"},"modified":"2022-12-07T19:19:18","modified_gmt":"2022-12-07T18:19:18","slug":"ncc-provides-update-on-status-of-3-5ghz-spectrum-auction","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/all-news\/ncc-provides-update-on-status-of-3-5ghz-spectrum-auction","title":{"rendered":"NCC provides update on status of 3.5GHz spectrum auction"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>The Nigerian Communications Commission (NCC) hereby announces that by the close of business on Monday, December 5, 2022, only two companies expressed interest in the auction of the 3.5GHz Spectrum band namely;<\/p>\n

i. Airtel Networks Limited (Airtel) and<\/p>\n

ii. Standard Network & Connections Limited (Standard Network).<\/p>\n

However, only Airtel paid the Intention to Bid Deposit (IBD) as stipulated in the Information Memorandum (IM) whereas, Standard Network sent an email appeal for the deadline to be extended by twelve (12) working days which was not acceptable in view of the auction timetable.<\/p>\n

Having met all the provision in the IM, Airtel has, therefore, emerged as the sole Bidder.<\/p>\n

Consequently, there shall be no further bidding and the Commission will proceed to the Assignment Stage in line with the published Information Memorandum guiding the licensing process.<\/p>\n

For More News And Analysis About Nigeria<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. The Nigerian Communications Commission (NCC) hereby announces that by the close of business on Monday, December 5, 2022, only two companies expressed interest in the auction of the 3.5GHz Spectrum band namely; i. Airtel Networks Limited (Airtel) and ii. Standard Network & Connections Limited (Standard Network). However, only Airtel paid the Intention […]<\/p>\n","protected":false},"author":84,"featured_media":77600,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,30],"tags":[1570,2140,101,254,9309],"class_list":["post-77601","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","tag-africa-press","tag-africa-press-nigeria-2","tag-ncc","tag-nigeria","tag-spectrum"],"yoast_head":"\nNCC provides update on status of 3.5GHz spectrum auction - Nigeria<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/all-news\/ncc-provides-update-on-status-of-3-5ghz-spectrum-auction\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NCC provides update on status of 3.5GHz spectrum auction\" \/>\n<meta property=\"og:description\" content=\"Africa-Press – Nigeria. The Nigerian Communications Commission (NCC) hereby announces that by the close of business on Monday, December 5, 2022, only two companies expressed interest in the auction of the 3.5GHz Spectrum band namely; i. Airtel Networks Limited (Airtel) and ii. Standard Network & Connections Limited (Standard Network). 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