A hitherto unknown firm, Bitflux, emerged the winner of the 2.3 GHz spectrum auction in February, in Abuja, after bidding the spectrum slot for $23.251million to beat Globacom who bade at $23.50million.
The Federal Government has earlier pegged a minimum reserved price of $23 million for the auction.
The Bitflux paid the $23.251m on Tuesday and an additional N155million for the spectrum Wholesale Wireless Access Service License [WWASL].
In a statement signed by Bitflux consortium duo of Engineer Biodun Omoniyi and Tokunbo Talabi, the company said the payment has confirmed its readiness, financial capability and commitment to lead the Nigeria broadband communication.
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