Airtel Africa on Tuesday announced that its Nigerian subsidiary, Airtel Networks Limited (Airtel Nigeria), has made a payment of N58.7 billion to the Nigerian Communications Commission (NCC) to renew its 2x10MHz 2100MHz spectrum licence.
Once renewed, the group said the licence will be valid for a period of 15 years following the expiry of the previous licence on 31 April 2022.
The group made the disclosure in a statement posted to the Nigerian Exchange Limited (NGX) website, signed by the company secretary, Simon O’Hara.
