Four Companies Interested in Nigerian Spectrum Auction
Four telecoms companies have indicated an interest in the Nigerian government’s forthcoming radio spectrum auction to be a sole nationwide provider of wholesale mobile broadband services.
The applicants include underwater cable operator, MainOne, Visafone Communications, South Africa’s MTN, and UAE’s Etisalat.
Local newspaper, Business Day reported that the reserve price for the 2.3 GHz spectrum would be set at around US$32 million for the 30 MHz block of spectrum. The winner would then have to provide network capacity at wholesale rates to other companies.
Sources told Business Day that Visafone, Etisalat and MTN Nigeria are interested in becoming wholesale wireless providers, whilst MainOne is setting its sights on the infrastructure license.
The auction is expected to be carried out within the next three months.