MTN Nigeria secures 2600MHz spectrum, makes a payment towards USD1.7bn fine

Telecoms

Nigerian cellco MTN has been awarded a ten-year 2600MHz frequency licence by the Nigerian Communications Commission (NCC), with plans to utilise the spectrum for 4G LTE deployments – initially in Lagos and Abuja. MTN Nigeria CEO Ferdi Moolman said: ‘After complying with all the requirements for the 2600MHz auction and making the licence payment of NGN18.96 billion [USD67 million] to the NCC, MTN has been issued a letter of award. With the 2600MHz band, we expect to roll out and provide the full range of LTE services to Nigerians, empowering Nigeria with the latest mobile broadband technology.’