Airtel Africa agrees licence settlements with Kenya

By

Sharecast News | 07 Mar, 2022

17:20 26/04/24

  • 109.80
  • 1.20%1.30
  • Max: 109.90
  • Min: 108.70
  • Volume: 1,618,100
  • MM 200 : 112.73

Airtel Africa said its Kenya subsidiary has agreed settlements with the Communications Authority of Kenya over operating and spectrum licences, and received approval for the replacement of its temporary licence with a 10-year frequency licence for 2x10 MHz of spectrum in the 2100 MHz band.

The company on Monday said it would pay $20m in four instalments over three years in respect of settlements regarding 2015-2025 operating and spectrum licence and $10m for a 10-year licence covering the 2x10 MHz licence.

Last news