The Nigerian Communication Commission has finalised the 5G network auction, and out of the three telecommunication that participated only MTN Nigeria and Mafab Communications Limited were awarded the slots.
The 5G spectrum in the auction by NCC)for a price of $273m.
Other telecommunication will need to go through the two license holders to provide 5G service for their customers.
Mafab Communications is a subsidiary of Althani Group Chaired by Dr. Musbahu Muhammed Bashir. Mafab Communications gave MTN and Airtel run for their money by outbidding the duo and became first to get 5G slot followed by MTN.
Globacom did not participate in the auction.
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