With one qualified bidder set to be produced, upon approval, the qualified bidder will be required to pay a total US$96 million for the licence, Mr. Tony Ojobo, director, public affairs, NCC, said in a statement sent to Sundiata Post.
The statement said the qualified bidder expressed an interest to bid for six lots out of the 14 lots on offer and paid the bid deposit as specified by the Information Memorandum on the Auction
Ojobo revealed that there was no longer need for an auction, saying “If the aggregate demand from Approved Bidders is less than, or equal to the number of lots on offer, the Commission will provisionally award the license to the party/parties at the reserve price”.
According to Ojobo, “The Commission is currently undertaking a due diligence with a view to issuing a letter of award of licence for the cumulative 30MHz in the 2.6GHz Frequency.