On Monday, 13 December 2021, the Nigerian Communications Commission (NCC) announced that MTN Nigeria and Mafab Communications won the two slots of the 3.5GHz spectrum auction for the Fifth Generation (5G) network licenses, respectively. According to reports, Mafab Communications actually won the NCC bid of 5G at a whopping sum of $263.1 million.
However, the identity of Mafab Communication is shrouded in mystery, as prior to the announcement that the company won the bid, very little or even nothing was known about the company. However, according to findings, it has been discovered that the company was registered last year.
While trying to get more information about the company, a visit to the website of the company; https://mfbcommunications.ng/ shows that it is headquartered at 8a Ibiyinka Olorunibe close, off Amodu Ojikutu Street, Victoria-Island, although there are reports that the website was inaccessible earlier, as it kept displaying: “The server is temporarily unable to service your request due to the site owner reaching his/her bandwidth limit. Please try again later”.
According to the information provided on the company’s LinkedIn profile, Mafab Communications, led by Alhaji Musibau Bashiru, was licensed on July 8 2020, to provide and operate Local Interconnect and International carrier services.
The profile also states that:
The company operates under these licenses:
International Data Access
Value Added services
“We are connected to all MNOs in Nigeria and international wholesale carriers all over the world.
“We provide Cloud hosting/Co-location services.
“Do you care about quality? do you need dependable services to be calm and certain? Here at MAFAB, Customer service delivery is a top priority”.
However, there are controversies as to the identity of Mafab Communications, because according to reports gotten from the bidding, MTN had to quickly sell emergency shares to raise money to contest the bid.