Flash Report /
Nigeria

MTN Nigeria wins 5G spectrum auction at an exit price of US$273mn

  • The commercial roll-out is set to commence one year from now at the latest

  • The new license will give MTNN a competitive advantage as the other winner lacks operating experience

  • But adoption of 5G and return on investment will take a long time

MTN Nigeria wins 5G spectrum auction at an exit price of US$273mn
Ayobami Omole
Ayobami Omole

Research Analyst

Tellimer Research
16 December 2021
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