Telecom

DR Congo: Airtel Africa acquires additional US$42 mln spectrum

DR Congo: Airtel Africa acquires additional US$42 mln spectrum
Tuesday, 07 June 2022 19:30

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

On the same topic
(SMART AFRICA) - Smart Africa Board Validates Digital Health Blueprint to Build a Single Digital Health Market - Historic decision on sidelines of...
Nigeria and Sierra Leone signed two major digital cooperation agreements on November 21–22 during the Nigeria–Sierra Leone Digital Economy Mission in...
West and Central African nations target 40% local hosting of government-critical data by 2028. Regional Internet exchanges and harmonized cybersecurity...
A World Bank delegation begins a mission in Accra under the Ghana Digital Acceleration Project (GDAP). Discussions focus on AI competitiveness,...
Most Read
01

(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing...

MCB deploys strategic financing to Invictus Investment to scale up its agro-food operations in Africa
02

MTN Innovation Lab hosts Africa HealthTech Export 2025 Bootcamp in Cotonou Event targets s...

Africa HealthTech Bootcamp Opens in Benin With Focus on Regulation and Startup Growth
03

Public Eye claims over 90% of Cerelac samples in Africa contain added sugar, averaging 6 g per por...

Nestlé Faces New Claims of Excess Sugar in African Baby Cereals
04

Attack risks internet disruptions; investigation launched near Massakory EU-funded project aims ...

Chad Reports Second Vandalism Attack on Key Internet Cable in Two Weeks
05

China says Premier Li Qiang will attend instead of President Xi Jinping The U.S. and Russia also ...

South Africa Loses More Support as Xi Jinping Also Skips the G20 Summit
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.