Mauritanian Telcos Bid $27.1 Million for 5G Licenses Amid Market Uncertainty
Mauritania's major telecommunications companies, including Moov Mauritel, Mattel, Chinguitel, and Rimatel, have collectively bid approximately $27.1 million for 5G licenses. The Autorité de Régulation (ARE) has validated these bids, making the companies provisional winners. The telcos are required to sign their specifications by May 9 and pay the financial consideration to the Treasury within 15 days. Additionally, they must pay a fee equivalent to 5% of their annual 5G-generated turnover. The auction process, initiated in December, faced delays, with the final tender deadline set for March 30. The readiness of Mauritania's mobile market for 5G remains uncertain, with 4G coverage reaching 73% of the population by the end of 2024. 
