“Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, today announces that its Kenya subsidiary, Airtel Kenya Networks Limited , has purchased 60 MHz of additional spectrum in the 2600 MHz band from the Communications Authority of Kenya, for a gross consideration of $40m. The licence is valid from July 2022 for a period of 15 years,” the statement reads.
“This additional spectrum will support our 4G network capacity expansion in the market for mobile data and fixed wireless home broadband capability, and will allow for future 5G rollout, providing significant capacity to accommodate our continued strong data growth in the country.” Kenya rolled out its fifth generation network in 2022 — with Safaricom, a mobile network provider, taking the lead.Last year, Airtel Africa’s Nigerian subsidiary lost in the bidding round to its rivals — MTN Nigeria and Mafab Communications Limited — to acquire 5G spectrum licences.
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