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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Airtel Africa Plc | LSE:AAF | London | Ordinary Share | GB00BKDRYJ47 | ORD USD0.50 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1.30 | 1.20% | 109.80 | 109.70 | 109.80 | 109.80 | 108.70 | 109.30 | 3,405,793 | 16:29:45 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Radiotelephone Communication | 5.27B | 663M | 0.1764 | 6.22 | 4.13B |
From Apr 2021 to Apr 2024
TIDMAAF
RNS Number : 6747D
Airtel Africa PLC
07 March 2022
Airtel Africa plc
('Airtel Africa', or the 'Group')
Kenya spectrum licences
London and Lagos, 7 March 2022: Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, today a nnounced that its Kenya subsidiary, Airtel Kenya Networks Limited ('Airtel Kenya'), has agreed settlements with the Communications Authority of Kenya regarding its operating and spectrum licences, and received approval for the replacement of its temporary licence with a ten-year frequency licence for 2x10 MHz of spectrum in the 2100 MHz band. As follows:
-- In respect of settlements regarding 2015-2025 operating and spectrum licence, Airtel Kenya will pay a total of c.$20m in four instalments over the next three years.
-- In respect of the 2x10 MHz licence, 2022-2032, Airtel Kenya has agreed to a ten-year licence for $10m.
Airtel Kenya is one of our largest markets by revenue, and from FY'18 to FY'21 grew revenues by 20.8% CAGR. This $30m investment reflects our continued confidence in the tremendous opportunity inherent in the Kenya market.
-ENDS-
Enquiries
Airtel Africa - Investor Relations Pier Falcione +44 7446 858 280 Morten Singleton +44 7464 830 011 Investor.relations@africa.airtel.com +44 207 493 9315 Hudson Sandler Nick Lyon Bertie Berger airtelafrica@hudsonsandler.com +44 207 796 4133
About Airtel Africa
Airtel Africa is a leading provider of telecommunications and mobile money services, with a presence in 14 countries in Africa, primarily in East Africa and Central and West Africa.
Airtel Africa offers an integrated suite of telecommunications solutions to its subscribers, including mobile voice and data services as well as mobile money services both nationally and internationally.
The Group aims to continue providing a simple and intuitive customer experience through streamlined customer journeys.
www.airtel.africa
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END
UPDJIMPTMTAMMTT
(END) Dow Jones Newswires
March 07, 2022 02:00 ET (07:00 GMT)
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