NCA awards 700MHz spectrum to MTN Ghana for US$109.9m

What the source reports
The National Communications Authority (NCA) has advanced the process of assigning spectrum in the 700 MHz, 2. 3 GHz and 3 GHz bands for mobile broadband services, including 5G. In a statement issued on Thursday, September 11, the NCA said it had opened and ranked the Best Price Offers submitted by qualified applicants at the NCA Tower.
Scancom Plc (MTN Ghana) emerged as the sole qualified and successful applicant for the 700 MHz band, securing two lots — the maximum number that can be awarded to a single applicant under the Request for Applications (RFA). The two lots attracted a combined licence fee of US$109. 9 million, bringing the allocation process for the 700 MHz band to a close. For the 2. 3 GHz band, five lots were available, with four applications submitted by Ghana Telecommunications Company Limited (Telecel Ghana) and GoIP Telecommunications Ltd. The band is therefore under-subscribed, and the next stage of the allocation process will proceed in accordance with the RFA. Meanwhile, demand has exceeded available spectrum in the 3 GHz band. The NCA said three lots were available, while four…
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