Categories: Economy And Business Headline

MTN, Mafab Get Final Nod To Begin 5G Deployment In Nigeria

MTN and Mafab have been given the final nod  TO Begin 5G Deployment in Nigeria.

 

Newsonline reports that the Nigerian Communications Commission (NCC) has confirmed the issuance of the final letters of award of the Fifth Generation (5G) Spectrum Licences to MTN and Mafab Communications, winners of the 3.5GHz spectrum auction conducted by the Commission on Monday, December 13, 2021.

 

ALSO: CBN Warns Nigerian Banks To Be Vigilant Of Transactions Related To Benin Republic

 

This online news platform understands that the Management of the Commission led by its Executive Vice Chairman (EVC), Prof. Umar Garba Danbatta, confirmed this to the Board of Commissioners at the Board’s Special Meeting, which took place on April 20 and 21, 2022 where the board considered update from management on the status of the spectrum auction.

 

According to NCC, in a statement, yesterday, informed that with the issuance of the final letters of awards of 5G spectrum and in line with the 5G auction’s Information Memorandum (IM), the two licensees are now expected to accelerate deployment of 5G network that will usher Nigeria into a more robust Fourth Industrial Revolution (4IR) and a more digitised Nigerian economy among the comity of nations.

In line with the terms and conditions of the 5G licence, the licensees are expected to commence rollout of 5G services, effective from August 24, 2022.

 

The 5G network, when deployed, will bring a lot of benefits and opportunities that will engender accelerated growth and smart living in the country.

 

The technology is also expected to bring substantial network improvements, including higher connection speed, mobility and capacity, as well as low-latency capabilities.

NewsOnline Nigeria

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