MTN Nigeria Communications Plc (MTN Nigeria) is overjoyed to have won one of the two 100MHz spectrum licenses in the 3.5GHz frequency range that the Nigerian Communications Commission auctioned (NCC).
According to Nigeria’s leading Mobile Network Operator (MNO), this is a significant step toward realizing the Nigerian National Broadband Plan’s ambitions (2020-25).
Customers may rest assured that the company’s acquisition of the spectrum will facilitate the implementation of fifth-generation (5G) services, according to a statement released today.
5G mobile network technology, according to MTn Nigeria, provides higher data rates and lower latency. It enables multiple devices to be connected at the same time, opening up new opportunities for creativity and transformation.
The internet of things will be enabled by 5G, which will allow for seamless communication and interconnectivity between smart devices. It has the ability to expedite industry-wide digital transformation.
“5G is the future of network technology and offers amazing opportunities for new and expanded services for our customers,” MTN Nigeria CEO Karl Toriola stated. Our winning bid gives us the chance to be at the cutting edge of bringing these technological advancements to as many Nigerians as possible. The advantages of 5G are numerous, and they hold the key to opening up new opportunities for the country’s growth and development. It’s about more than high-speed internet or faster streaming; 5G has ramifications for better service delivery in every industry. It has the capacity to revolutionize our country’s economy and improve the lives of Nigerians on a daily basis. We appreciate the NCC’s efforts in putting up a transparent auction that will get us to the ‘future’ we desire.
The auction could not have come at a better moment, as we approach the end of the MTN Group’s continuing offer for the sale of shares in MTN Nigeria.