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AAF Airtel Africa Plc

114.60
-1.30 (-1.12%)
Last Updated: 11:15:59
Delayed by 15 minutes
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 -1.12% 114.60 114.50 114.70 117.00 114.50 117.00 512,231 11:15:59
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Radiotelephone Communication 5.27B 663M 0.1764 6.51 4.32B

Airtel Africa PLC Nigeria 2100 MHz Spectrum Renewal (6717Y)

09/05/2023 8:30am

UK Regulatory


Airtel Africa (LSE:AAF)
Historical Stock Chart


From May 2023 to May 2024

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TIDMAAF

RNS Number : 6717Y

Airtel Africa PLC

09 May 2023

Airtel Africa plc

('Airtel Africa', or the 'Group')

Nigeria 2100 MHz Spectrum Renewal

London, 9 May 2023: Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, a nnounces that its Nigerian subsidiary, Airtel Networks Limited ('Airtel Nigeria'), has made a payment of NGN58.7bn ($127.4m), payable to the Nigerian Communications Commission (NCC), to renew its 2x10MHz 2100 MHz spectrum licence. Once renewed, the licence will be valid for a period of 15 years following the expiry of the previous licence (31 April 2022).

This investment to renew the licence reflects our continued confidence in the opportunity inherent across the Nigerian market, supporting the local communities and economies through furthering digital inclusion and connectivity.

-ENDS-

Enquiries

 
 Airtel Africa - Investor Relations 
  Pier Falcione                             +44 7446 858 280 
  Alastair Jones                            +44 7464 830 011 
  Investor.relations@africa.airtel.com      +44 207 493 9315 
 
 Hudson Sandler 
  Nick Lyon 
  Emily Dillon 
  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

MSCAPMPTMTIMBTJ

(END) Dow Jones Newswires

May 09, 2023 03:30 ET (07:30 GMT)

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