AFTER successfully paying the $23.25 million (N3.63 billion) for the 2.3GHz spectrum licenses on Tuesday, Bitflux Communications Limited, yesterday, informed that it has equally paid the N155 million additional fees for the Wholsesale Wireless Access Service License (WWASL) as required by the Nigerian Communications Commission (NCC).
The addition of the N155 million brings the total amount paid by the firm to N3.785 billion for the two licenses 2.3GHz Spectrum Licence and for WWASL.
Although Bitflux was given ultimatum of 14 business days to pay for the 2.3GHz spectrum licence it won penultimate week through an auction process organised by the Nigerian Communications Commission (NCC), it was however told to pay another N155 million for the WWASL licence, which it must acquire along side the 2.3GHz spectrum licence it won through a bidding process.
Bitflux was asked to pay the additional N155 million within 30 days from the date of payment of the $23.251 million, but to the surprise of industry stakeholders, the firm did not only meet the deadline for the payment of the 2.3GHz licence, it also went ahead to pay the additional N155 million the same day, bringing it to a total of N3.785 billion that it paid for both licences.
Marketing Communications Manager at VDT Communications, David Ese confirmed that the company, apart from paying the spectrum fees, it has equally paid the N155 million for the WWASL licence.
Bitflux is a consortium of VDT Communications Ltd, Bitcom Systems Ltd and Superflux International Ltd.
“The Bitflux consortium led by the Managing Director of VDT Communications Limited Biodun Omoniyi, and the Managing Director of Superflux International Limited, Tokunbo Talabi, successfully paid the N3.785 billion being the full payment of the spectrum 2.3GHz license and N155million, being the full payment of the Wholesale Wireless Access Service License (WWASL)
“Even though Bitflux still had about 10 more days to pay for the operational License, the consortium decided to make both payments on time”, he stated.
According to him, this has confirmed Bitflux’s readiness, financial capability and commitment to lead the Nigeria broadband communication.
Several industry stakeholders and watchers have congratulated Bitflux on the successful payment.
According to them Bitflux’s successful payment holds a brighter hope for broadband communication in Nigeria.
“With this feat, Bitflux is just few steps away from rolling out premium broadband communications which ensures better quality, penetration and excellent customer service that Nigerians have been yearning for,” Omoniyi said.
Bitflux Communications successfully won the 2.3G spectrum license auction, which it keenly contested with Globacom and won.
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