David vs Goliath Duel Likely This Week At 2.3GHz Spectrum Auctions

The upcoming 2.3Ghz spectrum auction that opens Wednesday in Abuja to license a wholesale broadband provider for the Nigerian telecoms market may turn out David versus Goliath duel.

The telecoms regulator, which is midwifing the frequency spectrum sale, has announced that Globacom, the Second National Operator (SNO) owned by Nigerian business mogul, Mike Adenuga Jnr will be pitted against little-known Bitflux Communications, as they are the only two companies bidding in the two-day spectrum auctions. 

Technology Times checks reveal that little-known Bitflux Communications, one of the two companies pre-qualified as “Approved Bidders” for the auction is being promoted by Biodun Omoniyi, Managing Director/CEO, VDT Communications, a Lagos-based broadband communication service provider.

Barring any last minute change, Omoniyi’s Bitflux Communications will enter into the race for the wholesale broadband service licence against the nation’s SNO, in what analysts consider an unequal match.

Source: Technology Times