BitFlux Communications wins Nigeria’s 2.3 GHz auction for $23.25 mn

BitFlux Communications has won Nigeria’s 2.3 GHz auction for $23.251 million as per Nigerian Communications Commissions press release.

Bitflux Communications and Globacom has pre-qualified as approved bidders for the auction of one frequency spectrum license of 30 MHz in the 2.3 GHz band says Nigerian Communications Commission on behalf of the Federal Government of Nigeria.

In line with the terms of the Information Memorandum published on the 2.3 GHz spectrum auction by the commission, the auction happened on February 19-20 at Transcorp Hilton, Abuja.

Recently, the Nigerian Communications Commission (NCC) on behalf of the Federal Government of Nigeria has announced its intention to auction one frequency license in the 2.3 GHz band to qualified applicants for the provision of wholesale broadband service in Nigeria.

The commission decided to assign one slot of 30 MHz nationally available in the 2.3 GHz band for the delivery of broadband wireless access service at the wholesale level, to provide ISP’s and other retail telecom service providers with the requisite bandwidth to service their subscribers.

This wholesale broadband provider will have the required spectrum to expand wireless broadband access across the country to ISP’s and other retail telecom service providers for the provision of retail high speed internet access services.

The commission has decided to adopt auction in the award of this spectrum and is geared towards ensuring transparency in the assignment of the available spectrum.

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