Last checked at 9 May 2023 08:30
Airtel Africa plc
('Airtel Africa', or the 'Group')
Nigeria 2100 MHz Spectrum Renewal
London, 9 May 2023: Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, announces that its Nigerian subsidiary, Airtel Networks Limited ('Airtel Nigeria'), has made a payment of NGN58.7bn ($127.4m), payable to the Nigerian Communications Commission (NCC), to renew its 2x10MHz 2100 MHz spectrum licence. Once renewed, the licence will be valid for a period of 15 years following the expiry of the previous licence (31 April 2022).
This investment to renew the licence reflects our continued confidence in the opportunity inherent across the Nigerian market, supporting the local communities and economies through furthering digital inclusion and connectivity.
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Enquiries
Airtel Africa - Investor Relations Pier Falcione Alastair Jones Investor.relations@africa.airtel.com |
+44 7446 858 280 +44 7464 830 011 +44 207 493 9315 |
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Hudson Sandler Nick Lyon Emily Dillon airtelafrica@hudsonsandler.com | +44 207 796 4133 |
About Airtel Africa
Airtel Africa is a leading provider of telecommunications and mobile money services, with a presence in 14 countries in Africa, primarily in East Africa and Central and West Africa.
Airtel Africa offers an integrated suite of telecommunications solutions to its subscribers, including mobile voice and data services as well as mobile money services both nationally and internationally.
The Group aims to continue providing a simple and intuitive customer experience through streamlined customer journeys.
www.airtel.africa