Telecom

Kenya: Airtel Africa acquires additional 60 MHz spectrum for 4G expansion and 5G rollout

Monday, 25 July 2022 15:45
Kenya: Airtel Africa acquires additional 60 MHz spectrum for 4G expansion and 5G rollout

(Ecofin Agency) - The investment aims to capitalize on the opportunities presented by the growing demand for broadband telecom services in Africa.  

Airtel Africa PLC announced Monday (July 25), the acquisition of 60 megahertz of spectrum in the 2600 MHz band in Kenya. According to the company, the overall investment was US$40 million for a 15-year license. 

The newly acquired spectrum will support the expansion of the company’s 4G mobile network capacity in Kenya, both for mobile data and fixed wireless home broadband. They will also enable the operator to roll out 5G in the country soon.

The new investment is expected to help Airtel Kenya improve the quality of telecom services it provides to the population and strengthen its position in the Kenyan telecom market. According to the regulator's annual report for the 2020-2021 fiscal year, as of December 2021, Airtel Kenya was controlling 26.8 percent of the local market, behind Safaricom (64.2%). 

The acquisition comes five months after Airtel Kenya and the regulator ended their seven-year legal battle over the operator's previous telecom license that expired in 2015. The Communications Authority (CA) subsequently approved the operator's application to replace its temporary license with a new 10-year license for 2×10 MHz spectrum in the 2100 MHz band.

In addition, in March 2022, Airtel Africa started negotiations for a US$194 million loan from the International Finance Corporation (IFC) to support its investment needs in seven African markets, including Kenya. Meanwhile, the company has acquired an additional 58 megahertz of spectrum for its operations in the Democratic Republic of Congo for US$42 million.

Isaac K. Kassouwi





 
Finance


 
Public Management


Ecofin Agency covers the news from 9 business sectors in Africa: Public management, Finance, ICT, Agribusiness, Electricity, Mining, Oil and Gas, Comms and Laws. Ecofin Agency is also creating and management specialized medias, in paper and on the web/social networks, for institutions or African publishers.

AGENCE ECOFIN

Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11

REDACTION
redaction@agenceecofin.com

Public management
Aaron AKINOCHO
Borgia KOBRI
Moutiou ADJIBI

Finance
Idriss LINGE
Walid KEFI
Chamberline MOKO

Agribusiness
Espoir OLODO

Electricity
Gwladys JOHNSON

Oil and Gas
Olivier DE SOUZA

Mining
Louis-Nino KANSOUN

ITC 
Muriel EDJO

Comms
Servan AHOUGNON

Cameroon
Brice R. MBODIAM
Sylvain ANDZONGO
Monique MAY
Julienne Rose SENDE

Togo
Fiacre E. KAKPO
Waliyullah TAJUDEEN
Séna AKODA

Niger
Sandrine GAINGNE

Gabon
Stephane BILLE
Pierre-Celestin ATANGANA

Desk
Stéphane ALIDJINOU
Souha TOURE
Vahid CODJIA
Diane ZODEHOUGAN
Hikmatu BILALI

Translation
Schadrac AKINOCHO
Mouka MEZONLIN
Firmine AÏZAN



Digital
Omar SOKHNA
Mamadou DIOP
Bacary MANE
Abdel Razak MOULIOM

Digital Marketing
Jérémie FLAUX
Geraud ACHI
Jean Christian BERNARD
Franck FOUTE

Web publishing
Bakoly RAHARISOA
Rina RAMANANDRAISOA
Hasina RAJEMISON

Development
Dominique FLAUX

 


 
REGIE COMMERCIALE
AGENCE ECOFIN
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11
Fax: +41 22 301 96 10

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

Voir page 
Nos services
 

 










 



Ecofin Agency is a news agency for economic and sectorial information. It was created in 2010 and it website was launched in June 2011.

Please publish modules in offcanvas position.