| Auction Result for Day Three |
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BIDDER ACTION
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| Round | Start Time | Finish Time | Announced Price |
Communications Investment Ltd. | Econet Wireless Nigeria Ltd. |
MSI-Celtel Nigeria Ltd. |
MTN Nigeria Communications |
United Networks |
| 1 | 10:00 | 10:20 | $248,000,000 | Yes | Yes | Yes | Yes | Yes |
| 2 | 11:10 | 11:30 | $265,000,000 | Yes | Yes | Waive | Yes | Yes |
| 3 | 12:25 | 12:45 | $285,000,000 | Yes | Yes | Waive | Yes | Waive |
| 4 | 13:40 | 14:00 | $295,000,000 | Yes | Yes | Waive | Waive | No |
| 5 | 15:05 | 15:25 | $300,000,000 | Yes | Waive | No | Waive | Inactive Bidder |
| Number of Waivers Used: |
0 |
0 |
3 |
0 |
2 |
|
| Number of Waivers Remaining: |
3 |
3 |
0 |
3 |
1 |
Key:
| Inactive Bidders: | |||
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| Zero Waivers Remaining: | |||
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