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Nairaland Forum / Science/Technology / Phones / 5G License Auction: MTN, Mafab Communications Win Slots For $273m (15784 Views)
NCC Issues Licenses To MTN, Mafab Comms, As 5G Services Roll Out In August / About Mafab Communications & Profile Of The Owner, Musbahu Bashir / 5G License Auction: MTN, Airtel, Mafab Head Into 5th Round As Price hits $215m (2) (3) (4)
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Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by mach7(m): 9:25pm On Dec 13, 2021 |
dgitrader:Good question. There sure is a powerful person behind them. 3 Likes |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by Kellie069(m): 9:25pm On Dec 13, 2021 |
That’s some huge amount of money!!! But you see this network matter so, Nigeria never ready at all !! |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by mrkels(m): 9:25pm On Dec 13, 2021 |
Someone should explain all these |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by Nsibash(m): 9:25pm On Dec 13, 2021 |
MTN just got approval to milk us dry next year. With 5G na 24hrs 5gig data go last 1 Like |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by wiseone28: 9:25pm On Dec 13, 2021 |
fergie0o1:Ok mafab will now sell them slot to other operators |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by Wapgod(m): 9:26pm On Dec 13, 2021 |
mach7:Dr. Musbahu Muhammad Bashir 1 Like |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by li2pac1717: 9:28pm On Dec 13, 2021 |
Brendaniel: Lol. You think building 5g infrastructure is free and cheap? The money they make today is not even enough to build a standard one for half of the country. |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by babyfaceafrica: 9:29pm On Dec 13, 2021 |
Nsibash:No be by force to use 5G na. Some people still use edge and 3G. 9 Likes |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by Nsibash(m): 9:29pm On Dec 13, 2021 |
Why do I feel like there's something fishy about these MAFAB guys. Anyway when breeze blow, fawol nyansh go open 8 Likes |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by GetMeRight: 9:29pm On Dec 13, 2021 |
Thinktwicemybro: Many of you are obsessed with the guy, mentioning him up and down 1 Like |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by smartr: 9:29pm On Dec 13, 2021 |
Hope Mafab wins. F*** MTN. |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by FarahAideed: 9:30pm On Dec 13, 2021 |
dawnomike: So you are just knowing? |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by Nsibash(m): 9:30pm On Dec 13, 2021 |
1 Like |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by FarahAideed: 9:30pm On Dec 13, 2021 |
Nsibash: If you bought the recent shares you paid for this license 4 Likes |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by FarahAideed: 9:33pm On Dec 13, 2021 |
Wapgod: So the Jaiz complex bought one liscense without even raising money |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by TroubleMaker47(m): 9:33pm On Dec 13, 2021 |
Omicron007:Lol, change the video quality from 1020p or 720p to 360p |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by Nobody: 9:33pm On Dec 13, 2021 |
wiseone28: I am not sureb but what I think is that other internet service providers will have to go through both of them. 4 Likes 1 Share |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by FarahAideed: 9:33pm On Dec 13, 2021 |
fergie0o1: This is clearly looted money 3 Likes |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by rexwalters: 9:34pm On Dec 13, 2021 |
dawnomike:You must be correct, welcome to the 5G era. |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by Omicron007: 9:34pm On Dec 13, 2021 |
TroubleMaker47: Comrade |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by klas(m): 9:35pm On Dec 13, 2021 |
dawnomike: MTN Nigeria cannot use the money for company’s transactions. It is an offer for sale, not new share issue which means the shares are being sold by an existing shareholders (though a major one) and the proceeds will go to the seller, not the company. If MTN Nigeria needs money, it has to either borrow or issue new shares to be sold, not the one it has sold in the past which the then buyers are now cashing out by selling. 6 Likes |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by Brendaniel: 9:37pm On Dec 13, 2021 |
li2pac1717: I know it's not cheap, it's the Nigerian government I'm concerned about, the profit they will make from the networks which is supposed to benefit the citizens that will be misappropriated... 2 Likes |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by rexwalters: 9:37pm On Dec 13, 2021 |
FarahAideed:Go & loot the money, & see if you will not end up in prison, you think 5G communication money is chop & clean mouth funds? |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by Oyinlomobambam(m): 9:41pm On Dec 13, 2021 |
Omicron007: Glo just like Tecno... Na so so advert with scarp |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by JubrinElSudan: 9:41pm On Dec 13, 2021 |
Who owns Mafab? Hope it's not like all these broke companies that bought the various DISCOs but can not invest money in them again? Tried checking their website, not connecting(bandwidth limit exceeded) https://mfbcommunications.ng/ 2 Likes |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by klas(m): 9:42pm On Dec 13, 2021 |
li2pac1717: The money raised today ($273m x2) is licence fees and goes to government pocket 100%. The winners are now going to look for another funds to build and roll out the 5g infrastructure. It doesn’t concern government. 5 Likes |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by FarahAideed: 9:45pm On Dec 13, 2021 |
rexwalters:MAFAB belongs to the JAIZ Islamic complex ..even Almighty MTN had to sell emergency shares to go for this bid but MAFAB without any history anywhere except funding you know what had the money ...we know this is part of the subsidy money 6 Likes |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by Gimodd: 9:46pm On Dec 13, 2021 |
Co grats to them |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by Roadmike(m): 9:47pm On Dec 13, 2021 |
Lets wait and see. Winning is one stage paying is yet another phase. we will see the face behind Mafab very soon. Its just a matter of time... 2 Likes |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by The5DME(m): 9:49pm On Dec 13, 2021 |
TroubleMaker47:Na 240p I de watch. 1 Like |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by BJanta: 9:49pm On Dec 13, 2021 |
Brendaniel: Na to give Boko Haram them own shares for to ammunition, and use the rest for 3023 election 1 Like 1 Share |
Re: 5G License Auction: MTN, Mafab Communications Win Slots For $273m by Nobody: 9:50pm On Dec 13, 2021 |
So how did the jihadist Mafab raise such money? 3 Likes |
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