Africa Business Radio

Operators in the telecommunication space say the minimum price set for the planned 5G spectrum is too expensive and higher than what obtains in most other countries. The Nigerian Communications Commission says the telcos expressed their concerns directly to them in a comment and recommendation format sent to the regulator. MTN and Airtel say the reserve price of about N75bn is too high and above what obtains in other world climes. The GSMA- an umbrella body for all the operators in the sector- raised concerns over the spectrum price, saying it might affect the plan to achieve affordable Internet access for a large portion of the populace. The GSMA added that they should consider the licence tenor of about 15 years if the spectrum price is sustained.