According to a report by pctechmag.com, the Nigerian Communications Commission (NCC) has postponed the proposed auction of the 2.6 GHz spectrum band.
The auction was scheduled to take place in early May 2015. The reserve price for each lot was set at USD 16 million. Prospective bidders had until 16 April to apply for participation in the auction.
The technology-neutral licences were expected to be used to launch LTE mobile broadband services. The auction was first announced in October 2014; however, it received its first suspension in November 2014.
According to telegeography.com, the NCC made the following statement: We regret to inform parties interested in participating in the Auction of Frequency Spectrum Licences in the 2.6GHz band that it has decided to postpone the process of the auction until further notice.”
According to the NCC, the 2.6GHz auction is part of the NCC’s efforts “to deepen competition and improve broadband penetration in the country towards achieving the goals of the National Broadband Plan.”