The Nigerian Communications Commission (NCC) has put up another two slots of spectrum in the 3.5GHz Spectrum band for auction before the end of 2022, to boost the deployment of Fifth Generation (5G) services in Nigeria.
The process, which was made public on October 21st, with the publication of the Draft Information Memorandum (IM) for the auction on the commission’s website, invited stakeholders to study the memorandum for purposes of making submissions ahead of a review of the IM on November 16th, 2022.
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The final IM is slated for publication on December 18th while applications will be received by the Commission from November 21th, 2022. The closing date for the submission of application, the deadline for payment of mandatory Intention-to-Bid Deposit (IBD), and the Pre-Qualification Stage is set for December 5th.
Qualified bidders would be notified on December 5th while notification and publication of the Mock Auction and Auction date will occur on the same day.
