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    These are the 10 most popular jobs that pay more than $100K, study finds

    These are the 10 most popular jobs that pay more than $100K, study finds

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    See what Kenya is using to attract investment from global EV firms

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    6 infrastructure projects to drive Angola economic growth

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    Chocolate could get even pricier if Africa’s cocoa crop flops

    Chocolate could get even pricier if Africa’s cocoa crop flops

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    Sale of luxury villas starts in new Zimbabwean city for the rich

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    Industry Leaders Ignite Innovation at Women Who Build Africa’s Tech Assembly in Nairobi

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    Virgin Active to expand office space and meeting rooms in gyms

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    Dangote, Bua show grit amid global sugar crises

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    800 million+ carats of diamonds in Angola reserves

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    Hindenburg 2.0? George Soros-backed group plans ‘expose’ on Indian firms: Report

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    Viktor Bout still has his eye on Africa

    SADC countries may benefit from ANGOSAT 2

    SADC countries may benefit from ANGOSAT 2

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    Nigeria asks banks to save forex gains amid currency risks

    Nigeria asks banks to save forex gains amid currency risks

    PayPal finally launches Apple Pay support for its credit and debit cards

    PayPal finally launches Apple Pay support for its credit and debit cards

    TLG Capital launches ₦2.25B collateralized credit facility for OnePipe

    TLG Capital launches ₦2.25B collateralized credit facility for OnePipe

    Silicon Valley Bank: Global bank stocks slump despite Biden reassurances

    Silicon Valley Bank: Global bank stocks slump despite Biden reassurances

    [Kenya] Digital credit provider Tala disbursed Sh240 billion in loans in eight years

    [Kenya] Digital credit provider Tala disbursed Sh240 billion in loans in eight years

    Digital banking revolution can help SA banks regain their customers’ love, says BCG

    Digital banking revolution can help SA banks regain their customers’ love, says BCG

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    Nigeria launches payments card program to rival Visa and Mastercard

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    Mastercard and ZoodPay join forces to launch the first virtual installment card across EEMEA

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    MoneyGram joins forces with BOTIM to launch international money transfer to over 200 countries

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MTN Nigeria bids for 3.5GHz spectrum license to enable 5G rollout

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15/12/2021
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MTN Nigeria bids for 3.5GHz spectrum license to enable 5G rollout

MTN Nigeria has announced that it has been successful in its bid to acquire one of the two 100MHZ spectrum licenses in the 3.5GHz spectrum band auctioned by the Nigerian Communications Commission (NCC).

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MTN Nigeria bids for 3.5GHz spectrum license to enable 5G rollout

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.

Commenting on the outcome, MTN Nigeria CEO Karl Toriola 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 comes at a time when the telco is nearing  the close of the MTN Group’s ongoing offer for sale of shares in MTN Nigeria.

MTN Nigeria bids for 3.5GHz spectrum license to enable 5G rollout

Source: African Business Communities
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