NCC Prepares to Host Stakeholders Forum Ahead of December 5G Auction

The Nigerian Communications Commission (NCC) will host an engagement session with stakeholders to discuss and provide more insight into the Draft Information Memorandum that will guide the proposed auction of two lots in the 3.5GHz Spectrum for the deployment of 5G services, set to take place in December 2022.

The stakeholders’ interactive session  will take place at the Marriot Hotel, Ikeja, Lagos, by 9.00am on the 15th of November 2022.

The event is part of the preparation for a successful aunction in December. The NCC had earlier announced the plan to license additional lots in the 3.5 GHz spectrum band for the deployment of 5G (fifth generation) Global System of Mobile communication).

The telecoms regulator had months back auctioned two 5G licences to Mafab Communications Ltd and MTN Nigeria Plc  at $273.6m per lot.

According to an official statement by NCC’s Director, Public Affairs, Reuben Muoka: “The engagement session will feature comments and submissions made by the different stakeholders on the Draft Information Memorandum. The outcome of the submission will be taken into consideration by the Commission in publishing the Information Memorandum for the auction.

“The process for the auction of the proposed lots of frequencies for 5G services, commenced on 21 October 2022 with the publication of the Draft Information Memorandum on the Commission’s website.

Stakeholders have been advised, in an earlier statement and subsequent advertisements, by the Commission to study the Information Memorandum and make their comments and questions available to the Commission.