#BusinessofTheDay

The Independent Communications Authority of South Africa (Icasa) says it it ready for the long-awaited auctioning of high demand spectrum. The regulator says the auctioning of the spectrum would involve six bidders, which included Cell C, Liquid Telecoms, Rain Networks, MTN and Telkom.But despite its benefits to the economy, the auction process has been hindered by several legal challenges, and a case lodged by Telkom against the process is set for 11 to 14 April. It is not yet clear if the outcome of the case would impact the results of the auction. Icasa said a public announcement of the winners would be made at the end of the opt-in auction as well as the amount of spectrum they won and the amount they will need to pay. Title: [• Dr. Ms] Name: [• Keabetswe Modimoeng] Position AND org.: [• Independent Communications Authority of South Africa (ICASA) Chairperson] Contact: [• ]