Corporate

Airtel spends Ksh.4.9 billion to buy extra spectrum in DR Congo

Airtel Africa has acquired an additional spectrum to bolster its service delivery in the Democratic Republic of Congo (DRC).

Airtel Africa paid Ksh.4.9 billion (US$.42 million) for the 58 Megahertz (MHz) spectrum which will spread across 900, 1800, 2100, and 2600 MHz bands.

The company said the additional spectrum will support its 4G expansion in the market for both mobile data and fixed wireless home broadband capability, providing significant capacity to accommodate the continued strong data growth in the country.

“The DRC is the largest country by area in our portfolio and our second largest market by population. This investment reflects our continued confidence in the tremendous opportunity inherent in the DRC, supporting the local communities and economies through furthering digital inclusion and connectivity, “Airtel said in a statement.

Airtel Africa, which provides telecommunications and mobile money services in 14 countries across Africa including Nigeria says its licence spectrum in the 2100 band in DRC comes up for renewal in September 2032, while its other licences continue until July 2036.

Monitor Your Business Transaction

Lawrence Baraza

Lawrence Baraza is a dynamic journalist currently overseeing content at Metropol TV Digital. With a keen focus on business news and analytics, Lawrence guides the platform in delivering insightful, data-driven content that empowers its audience to make informed decisions. Lawrence’s commitment to quality and his ability to anticipate market trends make him a key figure in the digital media landscape. His work continues to shape the way business news is consumed, making a significant impact in the field.
Back to top button