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Thu, Mar

NCC: MTN, Mafab Paid $273.6 M Each For 5G Spectrum Licence

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The Nigerian Communications Commission (NCC) has confirmed that both MTN Nigeria and Mafab Communications Limited have paid the sum of $273.6mn each for the licence of the Fifth Generation (5G) spectrum.


This was disclosed on Thursday in a statement issued by the Commission, titled ‘3.5GHz Spectrum: MTN, Mafab Pay for Licences’.

The statement reads in part, “The provisional winners of the 3.5 Gigahertz (GHz) spectrum licence, MTN Communications Nigeria Plc and Mafab Communications Limited, have made their full payment of $273.6 million each for the 5G spectrum licence to the Nigerian Communications Commission.

“The Executive Vice Chairman of the Nigerian Communications Commission (NUC), Prof. Umar Danbatta, officially confirmed the payment status today, February 24, 2022, just as the deadline set for the two winners of the spectrum auction elapsed.”

According to reports, MTN had to pay an extra $15.9mn for the preferred Lot 1 (3500-3600 Megahertz-MHz) but Mafab Communications settled with Lot 2 (3700-3800Mhz) at no extra cost.

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