The Nigerian Communications Commission (NCC) has authorized the technology company MTN Nigeria Communications Plc to purchase 2.6GHz spectrum.
According to a statement released by MTN yesterday and posted on the Nigerian Stock Exchange, the license for the 2.6GHz spectrum is valid for 10 years, beginning on September 7, 2023, and ending on April 16, 2033, at which point it may be renewed. The statement was signed by the company secretary, Uto Ukpanah.
The telecommunications firm, which explained that NCC approved the transfer and assignment of the 10MHz frequency division duplex (FDD) in the 2.6GHz spectrum band from OpenSkys Services limited to it, said the spectrum would enable the telecom giant to “enhance network capacity and improve customer experience.
The acquisition of the additional 10MHz FDD in the 2.6GHz spectrum band is a significant step in the implementation of our Ambition 2025 goal, according to MTN Nigeria's Chief Executive Officer, Karl Toriola. With this spectrum, MTN Nigeria will be able to expand its network capacity more effectively and advance its sustainable aims.
In keeping with our commitment to providing top-notch service to our consumers, it will also help to accommodate the nation's expanding need for data while enhancing the entire Internet experience. This is significant because it also fits with our continued support of the Federal Government's objective to increase Nigeria's internet penetration.