The long-awaited auction of broadband spectrum kicks off in South Africa today following several delays and hiccups. Fin24 reports that the process will see six network providers, Liquid Intelligent Technologies, MTN, Cell C, Rain, Telkom, and Vodacom bidding for spectrum in the 700 MHz, 800 MHz, 2600 MHz, and 3500 MHz, otherwise known as 5G spectrum, bands. The Independent Communications Authority of South Africa (Icasa) had previously stated that the auction reserve prices will generate a minimum of R8 billion for the fiscus.
