Nearly five years after $273.6m bet, Mafab moves 5G assets to MTN Nigeria

BusinessDay | 17-09-2026 04:19pm |

Mafab Communications, a Nigerian telecommunications company backed by businessman Musbahu Muhammad Bashir, is seeking to transfer key spectrum assets to MTN Nigeria. This move comes nearly five years after Mafab's $273.6 million bid for 5G spectrum. The transfer would mark a significant shift in Nigeria's 5G landscape.

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