Connect with us

    Hi, what are you looking for?

    Tech

    5G Deployment: MTN Nigeria Upbeat After Successfully Bidding for 3.5GHz Spectrum Licence

    MTN Nigeria Communications Plc has expressed delight after it successfully acquired one of the two 100MHZ spectrum licences in the 3.5GHz spectrum band auctioned by the Nigerian Communications Commission (NCC).

    The telco stated this in a statement signed on Tuesday by Uto Ukpanah, Company Secretary.

    According to the statement, “This is a significant step towards achieving the goals of the Nigerian National Broadband Plan (2020-25). Acquisition of the spectrum will enable the rollout of 5G services to MTN Nigeria’s customers.

    “Fifth generation (5G) mobile network technology offers faster data speeds and lower latency. It allows several devices to be connected at one go and creates vast possibilities in innovation and transformation.

    “5G will enable seamless communication and interconnectivity between smart devices, a process commonly called the internet of things. It has the potential to accelerate the digital transformation of industries.

    Karl Toriola, CEO, MTN Nigeria, Commenting on the outcome, said: “5G is the future of network technology and offers incredible possibilities for new and enhanced services for our customers.

    “Our successful bid presents an opportunity to be at the forefront of delivering these technological advancements to as many Nigerians as possible. The benefits of 5G are multi-faceted, and they hold the key to unlocking new avenues for the nation’s growth and development.

    “It is far more than high-speed internet or faster-streaming speeds; 5G has implications for improved service delivery across every sector. It has the potential to transform our nation’s economy and make a difference in the daily lives of every Nigerian.

    “We thank the NCC for organising a transparent auction which will transport us into the ‘tomorrow’ we desire.

    “The auction could not have come at a better time as we count down the last few hours to the close of the MTN Group’s ongoing offer for sale of shares in MTN Nigeria.

    “We encourage anyone who has not yet subscribed to the offer to visit www.mtnonline.com/po and use one of the channels available to apply.”

     

    Spread the love
    Click to comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    ad

    You May Also Like

    News

    The United States has reversed its visa restrictions on Ghana after the West African country agreed to accept west Africans deported by the United...

    Oil and Gas

    The industrial dispute between the Dangote Petroleum Refinery and the Petroleum and Natural Gas Senior Staff Association of Nigeria took a dramatic turn on...

    E-Financial

    Shareholders of Unity Bank Plc have approved the proposed merger with Providus Bank Limited, marking a major milestone in the business combination of the...

    World

    Late-night host Jimmy Kimmel didn’t hold back in mocking President Donald Trump after Trump claimed he was the target of “triple sabotage” during his...