The Nigerian Communications Commission
(NCC) on Tuesday raked in N55 million from the auction of two slots of
25 MHz in the 5.4GHz spectrum for delivery of wireless broadband in
Lagos State.
At the conclusion of the auction for the
six bidders who went through 11 rounds in Abuja, NCC’s Auction
Overseer, Mr. Ubale Maska, said Cobranet Ltd and Swiftnetworks Ltd, each
won one of the two slots at the price of N27,659,347.10.
The six companies that bidded for the
two slots available for Lagos State are Swiftnetworks Ltd, Cobranet Ltd,
Tizeti Network Ltd, E-Kennet Ltd, Steam Broadcasting and Communications
Ltd. and Juniper Solutions Ltd.
The two successful companies have
therefore been provisionally awarded the slots and have up till January
5, 2017, to pay the balance of N25,784,347.10. The two companies made
initial payment of N2 million each.
In a remark, the CEO of Swiftnetworks,
Mr. Charles Anudu, while commending NCC for its transparency in the
bidding process, said: “NCC has displayed a very high level of
transparency. If every regulator in Nigeria can be as transparent as
NCC, Nigeria will go a long way.”
He assured that the company would
utilize the resource to do NCC proud in the deployment of broadband
services in its area of jurisdiction.
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