MTN Nigeria has further depicted its bullish appetite for the Nigerian telecoms market by bidding and winning a new spectrum from the Nigerian Communications Commission, NCC
In a press statement signed by Umar Danbatta, CEO NCC, The Nigerian Communications Commission, NCC,said “MTN Nigeria Communications Limited who emerged the sole preferred bidder in the licensing process on the 2.6 GHz Spectrum and therefore issued letter of provisional award provisioned on the payment of specified fees for the Spectrum have made the payment.”
“In line with the provisions of the Information Memorandum guiding the auction process, having paid the fees specified for 2 x 30 MHz in the 2.6 GHz Spectrum, MTN Nigeria Communications Limited has been awarded the license.”
The NCC did not state how much MTN paid for the license. However, MTN said it will be using the license to provide long term evolution, LTE Internet service across Nigeria.
LTE is a standard for high-speed wireless communication for mobile phones and data terminals. It is based on the GSM/EDGE and UMTS/HSPA network technologies, increasing the capacity and speed using a different radio interface together with core network improvements.
The spectrum will allow it square up with Globacom, the network with the cheapest data plan in the country.
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