Vodafone secures 4G spectrum for $30m
Vodafone Ghana has won a 2x5MHz frequency spectrum block in the 800 MHz Band for mobile services, thus allowing it to provide 4g services.
The licence is to cost Vodafone $30,000,000.
This follows successful financial negotiations, the National Communications Authority (NCA) announced in a statement.
These processes began in September, 2018 when the NCA published a Request for Applications (RFA) and made available three lots of 2x5MHz in the 800MHz band.
Two (2) companies submitted applications, with Vodafone emerging as the only successful applicant.
The sale of the Spectrum is in line with Section 58 of Electronic Communications Act 2008, Act 775 on Spectrum Management, which highlights the NCA’s mandate and the options for Frequency Assignment.
MTN bought the first of two 4G licenses in 2015 at a cost of 67.5 million dollars.
At the time, three other companies; Surfline, Goldkey and Migson communications; all local companies, were unsuccessful in their bid.
Find below the full statement
The National Communications Authority (NCA) announces for the information of the general public that Ghana Telecommunications Company Limited (Vodafone Ghana) has won one (1) lot of 2x5MHz frequency spectrum block in the 800 MHz Band for mobile services following successful financial negotiations.
This is the result of the process which begun in September, 2018 when the NCA published a Request for Applications (RFA) and made available three (3) lots of 2x5MHz in the 800MHz band. Two (2) companies submitted applications, with Vodafone emerging as the only successful applicant.
Vodafone Ghana, thus, has been provisionally awarded one (1) lot of 2×5 MHz in the 800 MHz Band at a price of Thirty Million United States Dollars (US$30,000,000.00).
It will be recalled in September this year, the Authority’s public call for a ‘Request for Applications’ inviting applications from eligible Entities for the grant of a licence to establish, maintain and operate Mobile Services in the 800 MHz band, resulted in the submission of two (2) applications.
The sale of the Spectrum is in line with Section 58 of Electronic Communications Act 2008, Act 775 on Spectrum Management which highlights the NCA’s mandate and the options for Frequency Assignment.
Source: citinewsroom