‘Airtel, Mafab, MTN spend $820m on 5G spectrums’

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‘Airtel, Mafab, MTN spend $820m on 5G spectrums’
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Airtel, Mafab and MTN Nigeria have spent about $820.8m to acquire the fifth-generation spectrums.

The Minister of Communications and Digital Economy, Isa Pantami, disclosed this in his presentation at the 19th edition of the President, Major General Muhammadu Buhari’s regime Scorecard 2015 to 2023 series.

It was also noted that 5G services were available in at least 225 sites across eight states in Nigeria. “MTN, Mafab and Airtel all have participated in the auction process and each obtained a lot of 100 MHz from the 3.5GHz Spectrum after successfully participating in the auction process. This generated $820.8m for the Federal Government. 5G services are now available in at least 225 sites across 8 states in Nigeria.”

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