With three operators currently slugging it out in Abuja for Nigeria’s Fifth Generation (5G) network license, the current bid price per lot of the 3.5GHz spectrum auction has now hit $209,497,962.50 as Round Four begins. The price per lot of 100MHz band of the spectrum on offer was $204, 388,256.10 for Round Three. MTN Nigeria, Airtel Nigeria and Mafab Nigeria Communications Ltd are participating in the live auction. Earlier, the Minister of Communications and Digital Economy, Prof. Isa Pantami flagged off the 3.5GHz spectrum auction in Abuja at around 11.00 am today. He said the result of the investigation showed 5G technology had no health hazards.

Source: The Guardian December 13, 2021 14:54 UTC