BUSINESS TECHNOLOGY MEDIA FOR AFRICA

Little-known Bitflux edges Globacom in Nigerian frequency race

Little-known Bitflux edges Globacom in Nigerian frequency race
Gareth van Zyl
By Gareth van Zyl, Editor, ITWeb Africa
20 Feb 2014

Technology company Bitflux Communications has edged Nigeria’s second largest mobile operator to win a bid to manage a 2.3 GHz spectrum in the country.

The Nigerian Communications Commission (NCC) officially made this announcement on Wednesday following an auction at the Transcorp Hilton, Maitama in Abuja.

Bitflux Communications, which has been described as a consortium of startups, bid $23.251 million for the frequency.

The other selected bidder in the race for the frequency was Globacom, which runs a mobile network (Glo Mobile) in the country with 25 million subscribers. Globacom also has interests in West Africa’s fibre space, as it manages the Glo-1 subsea broadband cable connecting the UK to Nigeria.

The auctioning of the 2.3 GHz frequency; though, forms part of the NCC’s plan to have a wholesale broadband provider in the country as part of its ‘Open Access Broadband Strategy’.

The NCC has also previously said that it plans to allow the winner to forge an alliance with an existing Unified Access Service License (UASL) owner.

Share



ITWeb proudly displays the “FAIR” stamp of the Press Council of South Africa, indicating our commitment to adhere to the Code of Ethics for Print and online media which prescribes that our reportage is truthful, accurate and fair. Should you wish to lodge a complaint about our news coverage, please lodge a complaint on the Press Council’s website, www.presscouncil.org.za or email the complaint to enquiries@ombudsman.org.za. Contact the Press Council on 011 484 3612.
Copyright @ 1996 - 2025 ITWeb Limited. All rights reserved.