Airtel Africa agrees licence settlements with Kenya

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 2×10 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 2×10 MHz licence.

Related Articles

Sign up to the Wealth DFM Newsletter

Name

Trending Articles

Wealth DFM Talk is our flagship podcast, that fits perfectly into your busy life, bringing the latest insight, analysis, news and interviews to you, wherever you are.

Wealth DFM Talk Podcast – listen to the latest episode