5G Spectrum Auction Enters Round 7 At $231.146m

The ongoing 3.5 Ghz spectrum auction for the deployment of 5G technology enters round seven at the price of $231,146,643.96 per slot.

The three companies, MTN Nigeria, Airtel Nigeria and Mafab Communications are still in the race for the only two slots on offer by the Nigerian Communications Commissions at round seven.

The  first round of the auction started at a price of $199, 347,256, second round closed at $201,367,740 million, the third at $204,388,256, the fourth  at $209,497,962.50, the fifth at $215,782,901.38, the sixth at $224,414,217.43