" ITREALMS: Glo, Bitflux slug it out at 2.3GHz auction

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Wednesday, February 19, 2014

Glo, Bitflux slug it out at 2.3GHz auction

All is now set for the anticipated 2.3 Gega Hertz (GHz) auction by the Nigerian Communications Commission (NCC) and between Globacom Limited and Bitflux Communications Ltd in the Federal Capital Territory (FCT) Abuja, reports ITRealms.
The auction which is expected to be a tight rope for both bidding companies has garnered international attention as investors continue to watch in earnest how NCC under the leadership of Dr. Eugene Juwah can executive this test on Wednesday, February 19 through 20 at the Transcorp Hilton Abuja.

ITRealms also gathered that several industry watchers have already began to fault the guidelines which availed the likes of Globacom Ltd led by Otunba Mike Adenuga; a second national carrier to enter the competition despite the avalanche of licenses in its kitty.

Whereas ITRealms learnt that Bitflux Communications Ltd is a brainchild of VDT Communications Limited and reputed for its broadband reseller records led by Mr. Abiodun Omoniyi.

However, it was further gathered by ITRealms that invariably the duo who could be described as last companies standing for this auction may have met the stipulated guidelines by NCC.

ITRealms recalls that NCC had earlier announced the two approved bidders of 2.3 GHz frequency spectrum auction, saying its in line with the terms of the information memorandum published on the 2.3GHz spectrum auction by the Commission.

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