Airtel Africa
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Airtel Nigeria has purchased 100MHz of spectrum in the 3500MHz band and 2x5MHz of 2600MHz from the Nigerian Communications Commission (NCC) for US$316.7 million. -
The development arm of the World Bank has lent Airtel Africa US$194 million to expand services and improve sustainability in six countries.
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Airtel Africa’s Tanzanian subsidiary Airtel Tanzania has purchased 140MHz of additional spectrum spread across the 2600MHz and 3500MHz bands from the Tanzania Communications Regulatory Authority (TCRA) for a cash sum of US$60.1 million.
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American Tower Corporation (ATC) and Airtel Africa have entered a multi-year, multi-product agreement which will see the two work together on new sites and product development capabilities across Kenya, Niger, Nigeria and Uganda.
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Africell has appointed Godfrey Efeurhobo as group chief commercial officer to accelerate growth in Angola and Democratic Republic of Congo (DRC) and to strengthen market leadership in Sierra Leone and The Gambia.
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Mobile operators in Zambia have set up a trade association to lobby the government on the industry’s behalf.
Forthcoming events
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As several companies from around the world of telecoms share their Q2 results, here is a financial round-up with all the key points.
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Airtel Africa confirms that subsidiary, Airtel Kenya Networks Limited (Airtel Kenya), has purchased 60MHz of additional spectrum in the 2600MHz band from the Communications Authority of Kenya.
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Airtel Africa has bought additional spectrum worth around US$42 million in the Democratic Republic of Congo (DRC).
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Capacity shares five key stories making headlines around the world today.
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Airtel Africa has joined the Joint Alliance for CSR (JAC), an industry body that promotes sustainability through supply chains.
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Airtel Africa has extended its memorandum of understanding (MoU) with Helios Towers and will not be renewing its agreement with the telco in Chad.
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Airtel Africa, marked its membership of the FTSE 100 share listing this week with revenue up almost 25% and earnings up 34%.
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Bharti Airtel subsidiary Airtel Africa will join the Financial Times Stock Exchange (FTSE) 100 on January 31, 2022.
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Airtel Africa confirms that Chimera Investment has investment $50 million in Airtel Mobile Commerce (AMC BV), through shares from one of its subsidiaries.
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Airtel Africa has awarded Ericsson a turnkey project to relocate and upgrade its existing network and core services to a new data centre in the Seychelles.
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The Nigerian Communications Commission (NCC) has approved three telcos as approved bidders in its upcoming 3.5Ghz 5G spectrum auction.
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Airtel Africa confirms that its subsidiary Airtel Mobile Commerce Nigeria has been granted approval in principle by the Central Bank of Nigeria to operate as a super-agent in Nigeria.
Forthcoming events
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