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Nigeria plans to start auctioning spectrum for next generation 5G network this year
Nigeria is planning to auction 5G spectrum by the fourth quarter of this year after undertaking trials in selected locations in the country. Olusola Teniola, President of Africa Digital Economy Forum joins CNBC Africa to make sense of this and how this will impact Nigeria’s telecommunication space.
Mon, 19 Jul 2021 15:04:52 GMT
Disclaimer: The following content is generated automatically by a GPT AI and may not be accurate. To verify the details, please watch the video
AI Generated Summary
- Nigeria plans to auction 5G spectrum in the fourth quarter of this year, following successful trials in selected locations.
- 5G technology holds significant promise for enhanced mobile broadband and enterprise applications in Nigeria.
- Balancing affordable handset availability with network investments is crucial for the successful deployment of 5G in Nigeria's emerging economy.
Nigeria is gearing up to auction 5G spectrum in the fourth quarter of this year, following successful trials in selected locations within the country. Olusola Teniola, President of Africa Digital Economy Forum, recently spoke with CNBC Africa to shed light on how this development will shape Nigeria's telecommunications landscape. With the National Assembly providing clearance for 5G deployment and trials already conducted in 2019 and 2021, the stage is set for the auctioning of spectrum in 2021. Teniola emphasized the importance of 5G technology in Nigeria, given the nation's status as the fastest-growing mobile telecommunication market in Africa. He highlighted the potential for enhanced mobile broadband and enterprise applications as key focus areas for 5G deployment. Teniola also underscored the need for a balance between affordable handset availability and network investments, considering Nigeria's emerging infrastructure landscape.
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