Mr. Ogunsanya confirmed that the Nigerian subsidiary of the
company pulled out of the auction after submitting its final bid of $270m. According to the Airtel Africa CEO, “The
business case for 5G across all sub-Saharan markets is evolving, and we remain
committed to driving broadband capacity in our various markets.
We will continue to closely track the 5G ecosystem over the
next several years, in particular the availability of affordable 5G devices and
relevant use cases.
“Airtel Africa retains ample capacity, spread across various
spectrum bands, in Nigeria and its other markets, to continue to meet the
growing data demands of our customers for many years to come, with several
potential routes available to the business to deliver even greater capacities,
costeffectively, in the long run”.
MTN Nigeria, Mafab Communications Ltd, and Airtel Networks
Ltd participated in the bid using the Ascending Clock Auction System.
On Monday, each firm went through a bidding room after
participating in an opening round.
MTN and Mafab Communications Limited have won the bid for
the 5G spectrum auctioned by the Nigerian government Monday.
The Nigerian Communications Commission conducted the auction
at the Transcorp Hotel in Abuja for the available two slots for the 3.5 GHz
spectrum.
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