The Nigerian Communications Commission (NCC) is set to host a stakeholder engagement forum on the 5G spectrum auction after it drafted the Information Memorandum (IM) for the auction.
Discussions on the upcoming auction of the 3.5 gigahertz (GHz) spectrum band is slated for Thursday in Lagos, towards realising the implementation of the Fifth Generation (5G) Technology Deployment Plan in Nigeria.
Director, Public Affairs at NCC, Dr Ikechukwu Adinde, in a statement, noted that the decision to host the stakeholder engagement is in keeping with the provisions of the Nigerian Communications Act (NCA) 2003 and NCC’s distinctive tradition of robust stakeholder consultation on all telecom regulation-related issues.
The commission had in June inaugurated a committee to develop the IM for the auction of 3.5 GHz spectrum band, which will be utilised for early deployment of 5G technology services in the country.
The IM is a comprehensive document, which defines the process employed by the commission for the auctioning.
The 5G technology is expected to facilitate several emerging technologies, generate innovative use cases, spur significant socio-economic growth and create jobs.