Airtel Africa Buys Additional Spectrum In Kenya For $40 Mln

Airtel Africa Buys Additional Spectrum In Kenya For $40 Mln

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By Spy Uganda 

Telecommunications group Airtel Africa‘s Kenyan subsidiary has bought 60-megahertz of further spectrum for $40.0m as a part of an effort to assist its 4G community capability enlargement out there for each cellular knowledge and stuck wi-fi residence broadband capabilities.

The FTSE 100-listed group stated on Monday that the licence acquired by its Airtel Kenya Networks subsidiary from the Communications Authority of Kenya was within the 2,600-megahertz band.

Airtel Africa, which stated the licence shall be legitimate for a interval of 15 years, added the acquisition would additionally enable for future 5G rollout, offering “vital capability” to accommodate the agency’s continued sturdy knowledge development within the nation.

“Airtel Kenya is one in every of our largest markets by income. This funding displays our continued confidence within the alternative inherent within the Kenya market, supporting the native communities and economies via furthering digital inclusion and connectivity,” stated Airtel Africa.

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