MTN Pays FG N18.96bn For Broadband Aquisition, Set to Roll Out 4G LTE in Lagos & Abuja

The Nigerian Communications Commission (NCC) , Wednesday formally declared MTN Nigeria as the winner of the 2.6GHz spectrum auction. After shelling out a whopping N18.96 Billion to the federal government of Nigeria as payment to slots it won in the 2.6GHz spectrum auction

The NCC has described this spectrum as a significant trigger for a broadband revolution that will unlock benefits such as greater coverage, access, affordability and innovation, with the customer at the centre of these gains.

The 2.6GHz acquisition, he said has set the stage for the roll-out of 4G LTE broadband internet services across the country, starting in the major cities of Lagos and Abuja.

MTN is seeing its success in this auction as a big boost to its plan to deliver global mobile broadband and LTE 4G services to over 60 million customers in Nigeria.

I can fully see the 4G LTE sign on my phone, fully waiting for the launch. Others in Abuja should also see the same.

When it comes to things like this, other states are usually the last to witness including Port-Harcourt (Maybe those states are not part of Nigeria).