Airtel Nigeria Renews Spectrum License for NGN 58.7 Billion, Investing in Digital Connectivity

Airtel Nigeria, a leading telecommunications and mobile money services provider, has renewed its 2×10 MHz 2100 MHz spectrum license for a period of 15 years.

The Nigerian Communications Commission (NCC) received a payment of NGN 58.7 billion from Airtel Networks Limited (Airtel Nigeria) for the license renewal.

According to Simon O’Hara, the Group Company Secretary of Airtel Africa, this investment reflects the company’s confidence in the Nigerian market’s potential and its commitment to supporting local communities and economies through digital inclusion and connectivity.

Airtel Nigeria’s renewed spectrum license will allow it to continue to provide its customers with high-quality telecommunications and mobile money services across the country, supporting the growth of Nigeria’s digital economy. The renewal aligns with Airtel’s vision to be the most loved brand in Africa, empowering people to stay connected and achieve their goals.

The telecommunications industry plays a critical role in driving economic growth and development in Nigeria. Airtel Nigeria’s renewed spectrum license will provide the necessary infrastructure for the country’s digital transformation and facilitate the delivery of essential services to its citizens, including healthcare, education, and finance.

Airtel Nigeria has been at the forefront of driving innovation and digital inclusion in Nigeria, providing affordable and accessible services to millions of customers. With this renewal, the company is well-positioned to continue to deliver innovative solutions that meet the evolving needs of its customers, further strengthening its position as a leading provider of telecommunications and mobile money services in Nigeria and Africa.

This significant investment by Airtel Africa in renewing Airtel Nigeria’s spectrum license demonstrates its commitment to driving digital inclusion and connectivity in Nigeria and across Africa. This investment will enable Airtel Nigeria to continue providing high-quality services to its customers and supporting the growth of the Nigerian digital economy, ultimately contributing to the social and economic development of the country.