Technology

5G spectrum license auction kicks off at $199.37m

5G spectrum license auction kicks off at $199.37m

The Nigerian Communications Commission has begun the auction for the two slots of 3.5 GHz Spectrum available for the deployment of a Fifth-generation network, known as 5G, in the country. The auction is presently ongoing in Abuja. Earlier, the commission had announced that three telecoms companies have qualified as approved bidders of the auction. MTN Nigeria Plc., Mafab Communications Limited, and Airtel Networks Limited are currently bidding for the spectrum, and the first round began at $199.37 million as against the reserve price of $197.4 million.
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Glo missing as NCC qualifies MTN, Airtel, new firm for 5G auction

Glo missing as NCC qualifies MTN, Airtel, new firm for 5G auction

Globacom and Emerging Markets Telecommunication Service Limited are set to miss out on the deployment of the Fifth Generation network for at least two years as the Nigerian Communications Commission qualifies MTN Nigeria Plc, Airtel Networks Limited, and one new player for its 5G auction. The NCC announced on Thursday only three qualified bidders met its criteria for the licensing process for the 3.5 gigahertz spectrum which is required for 5G deployment. These three companies paid at least $19.74m each in order to qualify, it was learnt. In a statement, the commission said, “The qualified bidders that have met the…
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Flubot: Things to know about new virus that steals banking details from Android devices

Flubot: Things to know about new virus that steals banking details from Android devices

The Nigerian Communications Commission on Friday alerted Nigerians of the existence of a new, high-risk and extremely-damaging, Malware called Flubot. Here are some things to know about Flubot: 1 – Flubot targets Android devices. Flubot “impersonates Android mobile banking applications to draw fake web view on targeted applications” and its goal transcends stealing personal data and essentially targets stealing of credit card details or online banking credentials. 2 – Circulated through text message FluBot is circulated through Short Message Service (SMS) and can snoop “on incoming notifications, initiate calls, read or write SMSes, and transmit the victim’s contact list to its control…
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