The Nigerian Communications Commission (NCC) has confirmed Airtel Nigeria as the only telecom operator ready to bid for the 3.5GHz spectrum licence for 5G deployment.
This comes after the telco became the first to pay the $27.36 million intention to bid deposit ahead of the auction slated for December 19.
A statement by the NCC, seen by Nairametrics, also noted that only two telecom companies expressed interest in the auction as of the stipulated deadline which was Monday, December 5, 2022. The telcos are Airtel and Standard Network & Connections Limited.
More details shortly…