Bitflux Paid for 2.3G Spectrum & Operational Licenses

The Bitflux consortium led by the duo Engineer Biodun Omoniyi, the MD of VDT Communications limited and Tokunbo Talabi, the MD of Superflux International Limited successfully paid a whopping sum of N3.7million being the full payment of the spectrum 2.3GHz license and N155million, being the full payment of the spectrum Wholesale Wireless Access Service License [WWASL] yesterday, March 11, 2014. Even though Bitflux still had about 10 more days to pay for the operational License, the consortium decided to make both payments at once. This has confirmed Bitflux’s readiness, financial capability and commitment to lead the Nigeria broadband communication.

Several industry stakeholders and watchers have called in to congratulate and celebrate with Bitflux the successful payment. According to them Bitflux’s successful payment holds a brighter hope for Broadband Communication in Nigeria. With this feat, Bitflux is just few steps away from rolling out premium broadband communications, which ensures better quality, penetration, and excellent customer service that Nigerians have been yearning for.

It will be recalled that barely about two weeks ago. Bitflux Communications successfully won the 2.3G spectrum license auction. Bitflux Consortium comprises VDT Communications Limited, Bitcom Systems Nigeria Limited and Superflux International Limited, the torchbearers to usher in a brighter future for Nigeria broadband Communication. VDT Communications Ltd is an ISO 9001:2008 internationally certified company and winner of several awards including “Bulk Internet Provider 2011 & 2012 ” and " Wireless Backhaul Provider 2009 & 2010", provides digital leased circuit, wireless network and corporate Internet services. VDT operates one of the most advanced telecommunications networks in the country. The company's Network infrastructure design is structured towards providing a broad range of end-to-end efficient and reliable IP-based (data and voice communications) services across West Africa while building a long term, trusted partnership with its clients.

BITCOM Systems Nigeria Limited is a communication systems integrator, Value-Added Reseller and installation service provider for a wide array of microwave, and broadband radio telecommunications products. Bitcom brings its many years of experience and insight to bear on the provision of premium seamless integration of myriad of multi-vendor and multi-purpose applications.

Superflux International Limited is an indigenous conglomerate that has investments in the biggest securities printing outfit in Africa. It also provides secure and communication print solutions to a wide range of clients. Its Key print supplies include: Cheques, Dividend warrants, Certificates, Tickets etc. Superflux is seeking to be the leading facilitator and backbone for secure transaction, documentation, processing and communication, guaranteeing world-class process integrity.

The sale of the spectrum is guided by the need of the Federal Government to facilitate deeper broadband penetration in Nigeria from the current 6% to 30% in 2017. With this payment, members of the consortium have reinforced public confidence in their capability and readiness to roll out high capacity bulk broadband internet service, wholesale wireless access and bandwidth thus enabling retail internet service providers (ISPs) and other users to provide services to their subscribers.