{"id":2343,"date":"2022-03-28T08:41:22","date_gmt":"2022-03-28T08:41:22","guid":{"rendered":"http:\/\/www.ipan.co.za\/?p=2343"},"modified":"2022-03-28T08:41:23","modified_gmt":"2022-03-28T08:41:23","slug":"icasa-concludes-successful-spectrum-auction-and-collects-more-than-r14-4-billion-proceeds","status":"publish","type":"post","link":"http:\/\/www.ipan.co.za\/?p=2343","title":{"rendered":"ICASA concludes successful spectrum auction and collects more than R14.4 billion proceeds"},"content":{"rendered":"\n

Pretoria \u2013 The Independent Communications Authority of South Africa (ICASA\/the Authority) hereby confirms the successful conclusion of the much-anticipated high demand radio frequency spectrum auction today. The auction involved six qualified bidders, i.e. Cell C, Liquid Intelligent Technologies, MTN, Rain Networks, Telkom and Vodacom.
The revenue collected from this auction totals more than R14.4 billion, which will go to the national fiscus. This is the total amount generated from the Opt-In phase auction, which took place on 8 March 2022, and the main auction stage, which commenced on 10 March 2022 and concluded today, 17 March 2022. The main auction stage comprised 58 rounds of bidding between the six bidders. The Authority further confirms that there was one unsold spectrum lot of 2x10MHz in the IMT800 Band. This lot will still be licensed by the Authority in future.
<\/p>\n\n\n\n

The next stage in the auction process will be the assignment round, which is purely an administrative process and will be held on Tuesday, 22 March 2022, to determine the actual spectrum ranges to be assigned for all the lots bought in the various bands. The Chairperson of ICASA Dr Keabetswe Modimoeng expresses his gratitude to all the bidders for their cooperation and participation in the auction. He further expresses his utmost gratitude to the government of the Republic and the entire South African society for their support throughout this complex process.
\u201cThis was our inaugural radio frequency spectrum auction, and we are really grateful to have reached this stage without any hassles and challenges from the first day of the actual auction to date. This shows South Africa\u2019s capability as an investment friendly destination,\u201d says Dr Modimoeng. The Chairperson further thanks all members of the ICASA staff who were actively involved in this process for their stamina and commitment to ensuring that this licensing process completes successfully.
\u201cThese members of our staff did this for the country, and they must be hailed for the successful conclusion thereof. We look forward to all South Africans benefitting from the dividends of these regulatory interventions, and to seeing the proceeds of the auction being put to good use for the benefit of all South Africans. This auction was Page 2 of 3
indeed in the best interest of all South Africans, as will be the subsequent licensing interventions post government\u2019s revision of the Wireless Open Access Network (WOAN) Policy\u201d concludes Dr Modimoeng.
The table below provides details of various assignments following the conclusion of the auction.<\/p>\n\n\n\n

Spectrum Lots\u00a0
Acquired in Opt-In
Auction and
Associated Revenue\u00a0<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Spectrum Lots Acquired in
\nMain Auction Stage and
\nAssociated Revenue<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Total Spectrum Lots
Acquired per Bidder
and Associated
Financial Commitment<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n
\"\"
\u2018It always seems impossible until it is done\u2019 \u2013 Former President, Nelson Mandela<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"

Pretoria \u2013 The Independent Communications Authority of South Africa (ICASA\/the Authority) hereby confirms the successful…<\/p>\n","protected":false},"author":1,"featured_media":2328,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[549],"tags":[],"class_list":["post-2343","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-icasa"],"jetpack_featured_media_url":"https:\/\/i1.wp.com\/www.ipan.co.za\/wp-content\/uploads\/2022\/03\/ICASA_Logo-01.jpg?fit=1324%2C1061","_links":{"self":[{"href":"http:\/\/www.ipan.co.za\/index.php?rest_route=\/wp\/v2\/posts\/2343","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.ipan.co.za\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.ipan.co.za\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.ipan.co.za\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.ipan.co.za\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2343"}],"version-history":[{"count":1,"href":"http:\/\/www.ipan.co.za\/index.php?rest_route=\/wp\/v2\/posts\/2343\/revisions"}],"predecessor-version":[{"id":2348,"href":"http:\/\/www.ipan.co.za\/index.php?rest_route=\/wp\/v2\/posts\/2343\/revisions\/2348"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.ipan.co.za\/index.php?rest_route=\/wp\/v2\/media\/2328"}],"wp:attachment":[{"href":"http:\/\/www.ipan.co.za\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.ipan.co.za\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2343"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.ipan.co.za\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}