To become the major telecom operator in DRC, Airtel wants to attract new clients by investing heavily in broadband internet, amid growing demand.
Telecom operator Airtel Africa PLC announced, Monday (June 6), the acquisition of an additional 58 megahertz of spectrum in the 900 MHz, 1800 MHz, 2100 MHz, and 2600 MHz bands in the Democratic Republic of Congo. According to the operator, the spectrum cost US$42 million. It adds that the 2100 MHz band will be renewed in September 2032 and the others will be due for renewal in July 2036.
The new spectrum will allow Airtel Telecom to expand its fourth-generation (4G) mobile network. "This additional spectrum will support our 4G expansion in the market for both mobile data and fixed wireless home broadband capability, providing significant capacity to accommodate our continued strong data growth in the country," Airtel Africa wrote in a statement.
For months now, the telecom operator has been negotiating a US$194 million loan from the International Finance Corporation (IFC) to support its investment needs in seven markets, namely, Chad, the Democratic Republic of Congo, Kenya, Madagascar, Niger, the Republic of Congo and Zambia. "This investment reflects our continued confidence in the tremendous opportunity inherent in the DRC, supporting the local communities and economies through furthering digital inclusion and connectivity," Airtel writes.
The new capacity is expected to strengthen Airtel Congo's position in the Congolese telecom market. According to latest figures from the Post and Telecommunications Regulatory Authority (ARPTC), the operator was controlling 27.91 percent of the local market share in the second quarter of 2021, just behind market leader Vodacom, which was controlling 34.64 percent. This investment should also enable it to improve the quality of telecom services provided to the population and improve its returns.
Isaac K. Kassouwi
From Dakar to Nairobi, Kampala to Abidjan, mobile money has become a lifeline for millions of Africa...
Nigeria’s fintech landscape has undergone a seismic shift in recent years, driven largely by persist...
• WAEMU posts 0.9% deflation in July, second month in a row• Food, hospitality prices drop; alcohol,...
Airtel Gabon, Moov sign deal to share telecom infrastructure Agreement aims to cut costs, boo...
• Benin’s FeexPay and Côte d’Ivoire’s Cinetpay receive BCEAO payment service licenses• Both firms ex...
Uganda expects 8% yearly GDP growth, driven by oil, transport, and power projects Crude output set to begin mid-2026, with production projected to...
Saviu Ventures acquires stake in Jobo Interim, deal amount undisclosed This marks the 12th investment under the Saviu II fund for African...
Algérie Télécom reached 2.5 million fiber subscribers on September 14, offering speeds up to 1.5 Gbps. Algeria's FTTH connections grew from 53,000...
UBA pledges $150 mln to Kenya’s $1.35 bln road tax securitization scheme Initiative aims to clear arrears and restart stalled road...
Surprisingly, only one African song made it onto Rolling Stone's list of the 500 Greatest Songs of All Time. The track is "Essence," a collaboration...
The Umhlanga Festival, also known as the “Reed Dance,” is one of the most iconic cultural events in the Kingdom of Eswatini in Southern Africa. Every...