Infrastructure Fund Buying 800MHz Spectrum

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Institutions, continue to show the high interest in the 800MHz spectrum which is being auctioned by the National Communication Authority (NCA) as the newly formed Ghana ICT Chamber, continue to hold press conferences, hoping government crumbles under pressure.

The Ghana Infrastructure Investment Fund (GIIF) is asking for one bloc of the spectrum to be reserved and that they are ready to purchase unlike the Ghana ICT Chamber mainly led by Surline, which is not making any definite proposals on spectrum.

The GIIF was set up by an Act of Parliament as a wholly Ghanaian-owned agency to deal with the huge infrastructure deficit and to focus on strategic infrastructure that will lead to job creation and the growth of the economy.

The Herald, has intercepted a copy of the request letter front GIIF to NCA. It was signed by Steve Nartey, Acting Chief Executive Officer (CEO) of GIIF and sent to William Tevie, Director General of NCA.

Sources at the Ministry of Communications, say a meeting has been planned with the NCA to discuss the request from the Infrastructural Fund to discuss the request.

“If a positive outcome is reached, then it means that the stakes are even higher because then only one bloc of the 800MHz spectrum will be available for auction to the highest bidder”.

The source revealed that already, MTN iss angling strongly for it and putting advertorials in the Daily Graphic newspaper.

The Minister for Communications, Dr. Edward Kofi Omane Boamah, had earlier said that the telecom regulator, has given opportunity to all who are interested in buying the spectrum, adding the Mahama government, would not countenance cronyism to cheat Ghanaians.

He said “the National Communications Authority has given the opportunity to all interesting parties to participate in the auction of the 800MHz spectrum. The ICT chamber must know that cronyism has no place in President Mahama’s administration.

The spectrum, has a minimum asking price. Let the chamber participate in this transparent process. We will support Ghanaian Companies, but not to the extent of cheating Ghanaians. Additionally, we have made it a license condition in this auction for a minimum of 35 percent local content”.

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