As we continue the wait for 5G services By Sonny Aragba-Akpore On September 18,2022 when MTN carried out what looked like a roll out of its 5G commercial services in Nigeria, it’s Chief E
On September 18,2022 when MTN carried out what looked like a roll out of its 5G commercial services in Nigeria, it’s Chief Executive,Karl Toriola was full of excitement and boasted in a speech before all present that:
At the well choreographed event ,one of the promoters of the 5G and Executive Vice Chairman of the Nigerian Communications Commission , Prof. Umar Danbatta, noted, “Today, we are celebrating the outcome of the successful auction of the 5G spectrum, we are celebrating the commercial launch of 5G services in the country. This puts the country in the global 5G space and from today many of you will experience the super speed associated with 5G.
In December 2021,MTN and a little known portfolio company or a Special Purpose Vehicle Mafab Communications Limited won the two available lots then. And as MTN announced a test run and pre-launch of commercial services,Mafab said the regulator had granted them another five months to get ready.In another few weeks from today,the NCC will carry out another licensing for two more lots at a reserved price of $273.6m per lot.
Danbatta told the Senate Committee on Finance on September 19,2022 that the Federal Government will generate over N500bn in 2023 fiscal year through the 5G spectrum.
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