Zambia: Airtel Africa acquires spectrum for $29m.
Airtel Africa is a leading provider of telecommunications and mobile money services in 14 countries across Africa. Today, the company announced that its subsidiary in Zambia, Airtel Networks Zambia plc (called “Airtel Zambia”), has bought 60 MHz of additional spectrum in the 800 MHz and 2600 MHz bands from the Zambia Information and Communications Technology Authority (ZICTA) for a total of $29 million, paid in local currency.
This extra spectrum will help us expand our network in the market for both mobile data and fixed wireless home broadband, including the rollout of 5G. This will give us a lot of room to handle the strong growth of data in the country.
Zambia is one of our most important markets in terms of sales. This investment shows how much we still believe in the potential of the Zambian market. It will help the local communities and economies by making digital inclusion and connectivity even better.
This site uses Akismet to reduce spam. Learn how your comment data is processed.