• Home
  • News
    • National News
    • State News
  • Business
  • Features
    • Insight
    • Opinion
  • FAAC
  • Financial
    • Facts & Figures
    • Monetary
    • Tax Matters
  • Sidelines
  • Profile
  • Special Focus
Sign in
Welcome!Log into your account
Forgot your password?
Password recovery
Recover your password
Search
Thursday, March 30, 2023
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
Economic Confidential
  • Home
  • News
    • AllNational NewsState News
      CEO of Development Outliers Nigeria, Mr. Abubakar Gana

      Outliers Nigeria Becomes Portfolio Company of US Silicon Valley Institute

      Abdulrazak Ibrahim

      Abdulrazak Ibrahim: Celebrating Nigerian Genetic Engineer

      President Muhammadu Buhari, President of Nigeria

      Buhari Rejects NASS Bill To Summon President, Govs

      CEO, Araba Tech, Amb. Segun .H. Olugbile

      Araba Tech Boss Receives ‘PAN African Technology Icon Of the Year’…

  • Business
    • FEC Meeting

      FG Approves N24.2bn For Free Internet Facilities in Airports, Others

      Non-Oil Export, Export

      FG Gains N3.9trn from Port Concession

      Subsidy Removal: Oil Marketers Urges FG  to Provide FX at Official…

      Rice Farmers

      Naira Crisis: Farmers Lose N30bn, Resort to Trade by Barter – …

      Power: Govt, Investors to Build 1,000 mini-grids Nationwide

  • Features
    • AllInsightOpinion
      Buhari and Emefiele with at eNaira launch

      E-Naira: Simplifying Financial Inclusion for the Downtrodden, by Abdulrahman Abdulraheem

      Abdulrazak Ibrahim

      Abdulrazak Ibrahim: Celebrating Nigerian Genetic Engineer

      Nigeria Population

      Nigeria’s Population is a lot less than 220 million, by Tope…

      E-Naira, Godwin Emefiele, CBN

      e-Naira: Taking Agriculture in Nigeria to New Technological Heights, by Abdulrahman…

  • FAAC
    • FAAC

      FAAC: FG, States, LGAs Share N722.677 for February

      FAAC

      Kano, Lagos, Get Massive Share As LGs Share N2trn

      FAAC

      FG, States, LGCs Share N990.189bn In Dec 2022

      FAAC

      FAAC Shares 902.053 billion for November

      FAAC

      Fuel Subsidy Unsustainable, Rising Public Debt Worrisome – FAAC

  • Financial
    • AllFacts & FiguresMonetaryTax Matters
      Nigerian Customs Service, NCS

      Customs Rake In N54bn Revenue In Three Months

      House of Representatives

      Fed Govt $22bn Loan Request Declined By Chinese Bank – Reps

      Domestic Airlines

      Domestic Airfares Increase By 66% In 2022 – NBS

      The Nigerian Senate

      Senate Pushes 2022 Budget Implementation To June

  • Sidelines
    • Saliu Mustapha

      Visit Kwara: Saliu Mustapha Pens Foreward For New Book Spotlighting Kwara…

      Apple Data Breach: Marketing Strategy or Security Issue

      Dangote-BUA Sugar Scarcity Feud

      Google: Expanding 2-Step Verification Enrollment

      SAEMA Awards 2021: Submit Nominees for Security and Emergency Management Awards

  • Profile
    • Yusuf Alli @60: Unveiling an Investigative Journalist Par Excellence

      Pantami’s grand exposés on Cybersecurity and the Datafication of Society

      The Inimitable Kongi at 88

      The Minister of Industry, Trade and Investment, Otunba Richard Adeniyi Adebayo

      Adeniyi Adebayo: Unsung, Silent Strides in Economic Diversification

      Shettima: Nigeria’s Modern Day Philosopher-King

  • Special Focus
    • Maraba Takushara Community

      SPECIAL REPORT: Maraba Takushara, an FCT Community Under Siege… So Close…

      Yahaya Bello’s Health Initiatives: Building Nigeria of his Dreams in Kogi

      Model Science Secondary School: Yahaya Bello’s Gift to Future Generations

      Yahaya Bello, PWDs and the Love of Humanity

      Travelogue: Yahaya Bello and the Audacity to Dream (1)

Home Business Airtel Acquires 5G Licence After MTN, Mafab
  • Business

Airtel Acquires 5G Licence After MTN, Mafab

By
Economic Confidential
-
January 10, 2023
FIRS

Airtel Acquires 5G Licence After MTN, Mafab

Airtel Networks Limited has announced that it paid the Nigerian Communications Commission $316.7m for 100 MHz of spectrum in the 3500MHz band for the deployment of fifth-generation network and 2x5MHz of 2600MHz to boost its fourth-generation coverage in the country.

The firm revealed this in a statement on the Nigerian Exchange titled, ‘Nigeria 4G and 5G Spectrum Acquisition.’

According to the firm, the additional spectrum will support its investments in network expansion for both mobile data and fixed wireless home broadband capability, including the 5G rollout.

The Chief Executive Officer, Airtel Africa, Segun Ogunsanya, said, “Nigeria is a market with enormous potential for future growth in mobile services.

Also Read: Scarcity: NNPC Sells PMS at Loss, Says Sylva

“Investment in new technologies and local infrastructure to enable this growth is a strategic priority for the Group and will ensure we are able to provide reliable and affordable services to local communities across the country. 5G is critical to these ambitions, and we look forward to launching new services to drive further digitalisation across the country, facilitate economic progress and transform lives across Nigeria.”

Airtel’s 5G licence acquisition increases the number of 5G licencees in Nigeria to three. In 2021, MTN Nigeria and Mafab Nigeria Communications Limited won the two available lots of 100 MHz TDD slots of 3.5 GHz band.

MTN has since launched its 5G network in Lagos, Abuja, Port Harcourt, Ibadan, Kano, Owerri, and Maiduguri. But it is not yet clear if Mafab has launched its services.

As of August 2022, Mafab revealed that it was set to miss the NCC’s 5G rollout commencement date of August 24, 2022. According to it, the commission had granted it a five-month extension to roll out its 5G because of delays in receiving its Unified Access Service Licence and Numbering plan.

When asked if the firm has launched, a source confirmed that the firm has now launched 5G services on some sites and have an official announcement soon.

The source said, “There are some live sites now. Some are in Lagos. There should be an announcement before the last day of the month.”

 

latest nigerian news today

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)

Related

 
VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • Airtel Africa
  • Mafab
  • Mtn
Previous articleScarcity: NNPC Sells PMS at Loss, Says Sylva
Next articleNASENI Kicks off N3.2bn Industrial Parks’ Allocation Fund
Economic Confidential

RELATED ARTICLESMORE FROM AUTHOR

FEC Meeting
Business

FG Approves N24.2bn For Free Internet Facilities in Airports, Others

Non-Oil Export, Export
Business

FG Gains N3.9trn from Port Concession

Business

Subsidy Removal: Oil Marketers Urges FG  to Provide FX at Official Rate

Rice Farmers
Business

Naira Crisis: Farmers Lose N30bn, Resort to Trade by Barter –  AFARN

Business

Power: Govt, Investors to Build 1,000 mini-grids Nationwide

Business

FG Vows to Sanction Oil Marketers Over Poor Management

SEMA

Book on Sales: Boko Haram Media War: An Encounter with the Spymaster

boko haram

Click Here: To Order Now!

PRNigeria FEEDS

Loading RSS Feed

EDITOR PICKS

FEC Meeting

FG Approves N24.2bn For Free Internet Facilities in Airports, Others

Business March 30, 2023
Non-Oil Export, Export

FG Gains N3.9trn from Port Concession

Business March 30, 2023

Subsidy Removal: Oil Marketers Urges FG  to Provide FX at Official...

Business March 30, 2023

POPULAR POSTS

FG Loses $1bn Annually In Maritime Sector

Monetary May 19, 2020

Ajaokuta Steel Company Gets N4.3bn for Revival

Business January 9, 2017
MTN Office

MTN Nigeria Opens Offer Of N100bn Commercial Paper Issuance

Business May 29, 2020

POPULAR CATEGORY

  • Business10132
  • Monetary2761
  • Financial2426
  • Featured Post2195
  • National News1886
  • News1845
  • Editors Pick1680
  • Opinion1072
  • Features707
ABOUT US
Economic Confidential is the Abuja based Nigerian News Magazine. Economic Confidential Magazine is Factual, Authoritative and Accessible.
Contact us: [email protected]
FOLLOW US
© 2017 Economic Confidential . All Rights Reserved.
X whatsapp