Airtel Africa purchases Nigeria's 5G spectrum acquisitions
Airtel Africa, a leading provider of telecommunications and mobile money services, has announced that its Nigerian subsidiary, Airtel Networks Limited (‘Airtel Nigeria’), has purchased 100 MHz of spectrum in the 3500MHz band and 2x5MHz of 2600MHz from the Nigerian Communications Commission (NCC) for a gross consideration of US$316.7mn, payable in local currency