MTN, MAFAB win 5G Spectrum License to pay $275 Million

MTN, MAFAB Win 5G SPECTRUM LICENCE, TO PAY $275 MILLION MTN, MAFAB AND NCC LOGOS
MTN Nigeria and Mafab Communications Limited have been awarded the slots for the 5G, following an auction process while Airtel Nigeria loses out.

MTN Nigeria and Mafab Communications Limited have won the slots for the 5G spectrum in the auction by the Nigerian Communications Commission (NCC).
MTN is a telecommunications giant in Nigeria, while Mafab Communications Ltd. was incorporated in 2020.
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