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Nairaland Forum / Science/Technology / Phones / 5G License Auction: MTN, Mafab Communications Win Slots For $273m (15751 Views)
NCC Issues Licenses To MTN, Mafab Comms, As 5G Services Roll Out In August / About Mafab Communications & Profile Of The Owner, Musbahu Bashir / 5G License Auction: MTN, Airtel, Mafab Head Into 5th Round As Price hits $215m (2) (3) (4)
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5G License Auction: MTN, Mafab Communications Win Slots For $273m by Nobody: 8:37pm On Dec 13, 2021 |
Previous threads: https://www.nairaland.com/6894051/5g-license-auction-mtn-airtel#108468903 https://www.nairaland.com/6878239/5g-spectrum-auction-ncc-okay#108156985 The 5G license bid price has risen to $231,146,643.96 million in round 7. Current price now $240.39m per slot in the 8th round of bidding. All three bidders actively participating. Current price per slot at $251.2 million in ninth round, with all three bidders still in the race. MTN Nigeria and Mafab Communications Limited have been awarded the slots for the 5G spectrum in the auction by the Nigerian Communications Commission (NCC) for a price of $273m. SOURCE 2 Likes
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Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by dawnomike(m): 8:45pm On Dec 13, 2021 |
Why 273m dollars when the bid got as high as 250m dollars...? Now, I see what MTN wanted to use the proceeds from the sales of shares for. 37 Likes 2 Shares |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by Nobody: 8:46pm On Dec 13, 2021 |
dawnomike:The NCC needed only two official bidders. Price per slot at $263.1 million in tenth round, with all three bidders still in the race. Airtel dropped at the 11th round Mafab is a newcomer tech firm. Mafab Communication and MTN came first and Second at today's 5G two slots auction. Mafab Communications is a subsidiary of Althani Group Chaired by Dr Musbahu Muhammed Bashir. Mafab Communications gave MTN and Airtel run for there money by outbidding the duo and became first to get 5G slot follow by MTN. 21 Likes 3 Shares
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Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by dawnomike(m): 8:57pm On Dec 13, 2021 |
fergie0o1:Thanks for the clarification. 12 Likes |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by slawormiir: 9:16pm On Dec 13, 2021 |
Damnnn niggar. Isoright 1 Like |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by NwaNimo1(m): 9:16pm On Dec 13, 2021 |
4 Likes |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by Solsix(m): 9:17pm On Dec 13, 2021 |
More than half a billion dollars in revenue, 5 Likes |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by Brendaniel: 9:17pm On Dec 13, 2021 |
I'm not concerned on who wins, my concern is what NCC will do with the 273 million dollars(N111,984,600,000.00), ONE HUNDRED AND ELEVEN BILLION NAIRA, some people will start doing night vigil on how to steal it without trace.... 55 Likes 1 Share |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by Skyfornia(m): 9:18pm On Dec 13, 2021 |
Making our politicians rich.. |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by wman(m): 9:18pm On Dec 13, 2021 |
Great. |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by Nobody: 9:18pm On Dec 13, 2021 |
H |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by Thinktwicemybro: 9:18pm On Dec 13, 2021 |
MTN na your mate? Naira land is a peaceful place without the vulturebbqgriller who always spew trash. 31 Likes 1 Share |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by naijapips02: 9:18pm On Dec 13, 2021 |
What does this mean? 2 Likes |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by Anthony0094(m): 9:18pm On Dec 13, 2021 |
So we go begin buy phone wey go 5g abi? |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by wiseone28: 9:19pm On Dec 13, 2021 |
Does it mean only MTN will operate 5G in Nigeria for now? 11 Likes
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Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by dgitrader(m): 9:19pm On Dec 13, 2021 |
Who's behind mafab? Another scam offloading 17 Likes 1 Share
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Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by emae009(m): 9:19pm On Dec 13, 2021 |
Mafab will now sell its slot to others and make profit... The others will now transfer that extra cost unto the final consumers. The final consumers will now curse the FG for the continuous hardship. The FG will now blame the opposition for things being this way. 150 Likes 11 Shares |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by TinubuGoQuench(f): 9:20pm On Dec 13, 2021 |
MuhaMAD Buhari is a confirmed criminal 12 Likes 1 Share |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by iambabaG: 9:21pm On Dec 13, 2021 |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by MorataFC: 9:21pm On Dec 13, 2021 |
Hmmm tug of war ![]() |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by Nobody: 9:21pm On Dec 13, 2021 |
No one cares |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by clockwisereport: 9:21pm On Dec 13, 2021 |
Omicron007: They are bidding for 1g 24 Likes |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by gungab(m): 9:21pm On Dec 13, 2021 |
Any info on Mafab 2 Likes 1 Share |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by VcStunner(m): 9:21pm On Dec 13, 2021 |
MTN retail offer (share sales) closes tomorrow or perhaps midnight today. All along, MTN only needed money to pursue 5G spectrum broadband. And to think I was just searching and researching their performance in the stock market trying to make an investment decision.. has to be another money heist episode in the series. 4 Likes |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by Albert0011(m): 9:21pm On Dec 13, 2021 |
Omicron007:I tell u bro. Very useless network. 5 Likes
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Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by MorataFC: 9:22pm On Dec 13, 2021 |
clockwisereport: ![]() |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by Nobody: 9:22pm On Dec 13, 2021 |
wiseone28:Mafab came first Mtn second Both @ $273m each 4 Likes |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by mach7(m): 9:22pm On Dec 13, 2021 |
So Airtel dropped out? Wow!! |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by princeade86(m): 9:22pm On Dec 13, 2021 |
Thank God they awarded it for my mafad. I will celebrate it. 1 Like |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by Nsibash(m): 9:23pm On Dec 13, 2021 |
emae009: ![]() ![]() 11 Likes 1 Share |
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