Airtel Africa renews spectrum licence with N71.61 billion
Airtel Africa has announced that the Nigerian Communications Commission (NCC) has renewed its 900 MHz and 1800 MHz bands spectrum licence, which takes effect December 1, 2021 to November 30, 2031.
The telco giant through a notice to the Nigerian stock exchange revealed that it paid the sum of of N71.61 billion for the licence which is due to expire on November 30, 2021.
Raghunath Mandava, CEO of Airtel Africa, expressed his delight concerning the renewal and reinstated company’s commitment to achieving its digital objective in the country.
He said: “I am pleased to announce that our application in Nigeria to renew our spectrum licences in the 900MHz and 1800MHz bands for a ten-year period has been approved by the NCC.
“This is our largest market and we remain focused on bridging the digital divide and expanding our broadband capability in the country.”
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