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MTN Pays Another N30bn of N330bn Fine, Wins 2.6 GHz Broadband Licence

The Nigerian Communications Commission (NCC) has declared MTN as winner of its latest auction for a 10-year frequency spectrum licence for the 2.6GHz band, which guarantees superior performance for wireless networks, especially 4G LTE services. MTN has also paid an additional N30 billion of its...

Nigeria to earn $224m from spectrum sale

The Federal Government is expected to rake in $224 million from the sale of 14 lots in the 2.6Gigahertz spectrum band licensing to telecommunication operating companies slated for May this year. According to a document posted on the website of the Nigerian Communications Commission, NCC,...