NCC Projects N500 Billion Revenue From 5G Spectrums License – Investors King Ltd

The Nigerian communication commission (NCC) has revealed plans to generate N500 billion in revenue from the auctioning of the 5G spectrums in 2023.
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The Nigerian communication commission (NCC) has revealed plans to generate N500 billion in revenue from the auctioning of the 5G spectrums in 2023.
This disclosure was made by the Executive Vice Chairman of the NCC, Prof. Umar Danbatta, who spoke in an interactive meeting on the 2023-2025 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF-FSP), organized by the Senate Committee on Finance.
He stated that the projected revenue would be realized from the auctioning of two 5G spectrums, adding that the commission had already begun the bidding process for auctioning of the spectrums.
Prof. Danbatta disclosed that in the first quarter of 2022, the commission generated N257 billion while it remitted N195 billion to the government coffers.
The NCC boss added that from April to August, N318 billion was generated while N214 billion was remitted. He revealed that the funds raised by the commission were occasioned by the auctioning of two 5G spectrums at the rates of $263 million and $273 million.
He said “The NCC from 2017 to 2021 had generated N799bn and remitted N423bn to the government.
“The target was to hit 75 percent penetration in 2025. Hopefully, we will achieve 50 percent penetration by end of 2022.”
Prof. Danbatta further advised Nigerians not to hesitate to make use of the 112 emergency national numbers in case of any emergency incident, such as fire outbreaks, or accidents, among others, and a toll-free number, 622, to lodge complaints on issues relating to drop calls.
Prof. Danbatta last year disclosed the readiness of the commission to deploy its mandate to boost the nation’s economy and ensure national development from the 5G spectrum, adding that the commission will launch a book to provide more insight into the workings of NCC under his watch.
The Chairman of the Committee, Senator Olamilekan Adeola, added that the Senate would continue to encourage NCC to improve its revenue generation profile to the Federal Government.
He further stated that the expected NCC revenue in 2023 would help reduce the deficit proposed in the 2023 budget.

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Airtel Nigeria has reportedly surpassed MTN Nigeria in Internet speed in the second quarter (Q2) of 2022
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Airtel Nigeria has reportedly surpassed MTN Nigeria in Internet speed in the second quarter (Q2) of 2022.
Data from speedtest intelligence after analyzing the internet speed of four mobile service providers across 10 countries in sub-Saharan Africa, revealed that Airtel Nigeria delivered faster median download and upload speeds in Nigeria in the second quarter.
After the Internet speed test analysis was carried out in Sub-Saharan Africa, South Africa came top as the country with the best internet speed as a result of the deployment of the 5G technology by different operators in the country.
In the country, Johannesburg led the pack of cities with the fastest internet speed, having a median download speed of 66.54 Mbps, followed by Cape Town at 49.22 Mbps download speed.
The four telecommunications operators singled out for the tests were —MTN, Airtel, Vodacom, and Orange which commanded a combined majority of 62% of total subscriptions in sub-Saharan Africa. While the selected 10 countries accounted for 59% of the region’s connections.
In a head-to-head performance between Airtel and MTN across the three countries they operate in, Airtel surpassed MTN in Nigeria, both in terms of median download and upload speed in Q2 2022, while in Uganda and Rwanda there were no winners.
In terms of users, in Q2 2022, MTN Nigeria commanded 38.9% of Nigeria’s mobile users with its 74.1 million subscribers almost double that of Airtel’s 46.0 million.
Yet, when it comes to mobile performance, Airtel Nigeria was ahead of MTN. Airtel Nigeria in 2021, was rated the fastest network in the telecom broadband category.
In the second quarter of this year, the telecommunications company recorded a median download speed of 30.35 Mbps and a median upload speed of 10.28 Mbps, both of which topped those of MTN (26.30 Mbps download and 9.13 Mbps upload).
Those speeds are set to increase as both companies have invested heavily into network infrastructure, with a combined investment of N208.5 billion ($502 million).
The investment translates into an increase in 4G Availability as well. In Q2 2022, MTN had 83.8% 4G Availability compared to Airtel’s 77.9%.
It should be recalled that Investors King had recently reported that MTN launched its 5G technology in Nigeria, as it promises to change communication forever.

MTN has officially launched its 5G network, known as the fifth-generation technology, in Nigeria
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Multinational mobile telecommunications company, MTN has officially launched its 5G network, known as the fifth-generation technology, in Nigeria.
The company first launched the 5G in Lagos with plans to roll out the service in Abuja, Kano, Owerri, Port Harcourt, Ibadan, and Maiduguri later in the year.
MTN also disclosed plans to have a nationwide 5G coverage by 2025. However, the telecommunications giant said the rollout would be done in batches.
During the launch, guests were allowed to test and use the technology and experience some of the use cases of the new 5G network.
While MTN has now rolled out its 5G network, Mafab Communications Limited, the other telecommunication firm with a 5G license is yet to roll out 5G.
Speaking at the launch, Chief Executive Officer, MTN Nigeria, Karl Toriola, said, “Every major technological evolution changes the way we live, the way we connect; changes what is possible.
“GSM took phone calls on the road, 2G added texting to our experience (and created a whole new language), 3G brought the internet to our phones, and 4G made video widely available on mobiles.
“5G will change everything. It will allow us to connect, create, collaborate, and compete in ways we cannot imagine yet. Today we will show you a glimpse of the many possibilities 5G has in store. What is most important is what you and every Nigerian can create with it.”
Also, the Executive Vice Chairman of NCC, Prof. Umar Danbatta, while commenting on the launch of the 5G technology, said, “Today, we are celebrating the outcome of the successful auction of the 5G spectrum, we are celebrating the commercial launch of 5G services in the country. This puts the country in the global 5G space and from today many of you will experience the super speed associated with 5G.”

Globacom Telecommunications emerged as the subscribers’ favourite in July 2022
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The latest report by the Nigerian Communications Commission (NCC) indicates that more new phone subscribers settled with Globacom in July.
According to the report published on the NCC’s website, Globacom added 2,103,721 million new customers in July to take its subscriber base to 58,330,200 from 56,226,479 the previous month.
This represents 83 percent of the total number of 2,523,276 new phone users recorded in the country in July.
In addition, the report also revealed that the total number of subscriptions to telecommunication services across the mobile networks of MTN, Glo, Airtel and 9mobile rose to 208.6 million during the period under review.
So far this year (2022), all the mobile networks have gained a total of 13.5 million new subscribers. 
This development defies what happens last year when operators lost close to 20 million subscribers as a result of the ban on new SIM registration
With these new additions, the total number of phone users in the country has increased from 195,128,265 at the end of December 2021, to 208,604,996 at the end of July 2022.
Moreover, Investors King expects the number of phone users in Nigeria to continue to increase with the introduction of the 5G network which has already been launched by MTN.
According to the NCC report, Globacom has played a major role in the telecom industry. Its remarkable performance in the industry is believed to be a result of the continuous network upgrade, the extension of its 4G data coverage to more cities across the country and its relatively cheap data subscription plan.





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