A report on Technology Times suggests there are discrepancies in the“digital dividend” frequency spectrum secretly issued to the chairman of Visafone and Zenith Bank, Jim Ovia and Globacom’s Mike Adenuga.
The newspaper had recently reported that the spectrum was given to them based on the relationship they have with former president, Goodluck Jonathan.
Ovia, owner of an IT company called Cyber Space recently wrote to the regulatory body of the Telecoms sector , Nigerian Communications Commission (NCC), offering to return the spectrum. His request was granted and his N3 billion payment refunded immediately. The frequency is likely to be open for another round of bidding and expected to cost even more.
“Digital dividend” is on high demand coveted by telecoms companies across the world as it enables them to launch a faster mobile broadband service, The Cable reports.
The spectrum is available after the migration of broadcasting from analogue to digital, thereby freeing part of the electromagnetic spectrum previously used for broadcasting.
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