Sourced from Comms MEA
Airtel Africa has paid N71.6 billion to the Nigerian Communications Commission (NCC) to renew its 900 and 1800 MHZ spectrum licence for the next 10 years.
Chief Executive Officer of Airtel Africa, Raghunath Mandava says that their current license was due to expire at the end of November 2021. He goes on to say that the Nigerian market is the “largest market and we remain focused on bridging the digital divide and expanding our broadband capability in the country.”
“On behalf of Airtel Nigeria and the Group, I would like to thank both the government of Nigeria and the NCC for their cooperation and support in this important process.”
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NAIROBI Airtel Africa will focus on growing in the markets where it already operates on the continent and will not bid for licenses in Ethiopia, where the nation of 110 million people is opening up its telecoms sector, the company’s CEO said on Friday.
Africa’s second most populous nation, one of the last remaining closed telecoms markets on the continent, plans to sell a minority stake in state-owned Ethio Telecoms within nine months and is tendering for two new licenses, a process that was expected to start last month.
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THE STANDARD
BUSINESS NEWS
Telkom Plaza Head Office on Ralph Bunche Road. [Wilberforce Okwiri, Standard]
The Ethics and Anti-Corruption Commission (EACC) has cleared the National Treasury of wrong-doing in a protracted case accusing the government of ceding Sh2.4 billion worth of shares in the State-owned Telkom Kenya to the private sector.
In the latest quarterly report released last week, the EACC said it closed the case under recommendations from the office of the Director of Public Prosecutions (DPP) for lack of sufficient evidence.
The anti-graft body said the report prepared and forwarded to the DPP on July 22, 2020 recommended that the investigation be closed for lack of evidence to support it.
THE STANDARD By
Frankline Sunday |
January 25th 2021 at 00:00:00 GMT +0300
Telkom Plaza Head Office on Ralph Bunche Road. [Wilberforce Okwiri, Standard]
The Ethics and Anti-Corruption Commission (EACC) has cleared the National Treasury of wrong-doing in a protracted case accusing the government of ceding Sh2.4 billion worth of shares in the State-owned Telkom Kenya to the private sector.
In the latest quarterly report released last week, the EACC said it closed the case under recommendations from the office of the Director of Public Prosecutions (DPP) for lack of sufficient evidence.
The anti-graft body said the report prepared and forwarded to the DPP on July 22, 2020 recommended that the investigation be closed for lack of evidence to support it.