Telecommunications service provider Airtel Nigeria has announced a commitment of over $4.9-million towards the fight against COVID-19 in Nigeria, reports The Guardian Nigeria. In a breakdown of the pledged sum, Airtel says that about $500-thousand will go towards the provision of an isolation centre or any required medical facility as deemed appropriate with the health authority...
Airtel Nigeria is offering discounts on its monthly and weekly data bundle plans. Under its revised tariff plans, Airtel said it has dropped data bundle tariff on most of its data bundles, offering customers 15GB for N5,000 monthly bundle and 6GB for N1,500 weekly bundle. Airtel further said it plan to continue on this path...
Airtel Africa has announced it has completed the acquisition of 10MHz of spectrum in the 900MHz band in Nigeria from InterC Network (formerly Intercellular) for a total consideration of USD94 million. The Nigerian Communications Commission (NCC) has approved the transaction, which was first announced in November 2019. Airtel says the additional spectrum will be used...
Airtel Uganda has announced the departure of its managing director VG Somasekhar effective 31 March. Somasekhar expressed his desire to move to India, where he will continue to be associated with the Bharti Airtel group. Somasekhar has helped build Airtel Uganda into a strong brand and was instrumental in rolling out 4G across the country,...
Airtel Nigeria has blamed the rising rate of telecoms drop calls on infrastructure vandalism and insurgency across networks, calling on the federal government to urgently deal with the menace of vandalism, insecurity and insurgency in order to address the current spate of dropped calls experienced by most telecommunications subscribers. The telecoms company made the call...
Airtel Malawi Plc, which listed on the Malawi Stock Exchange (MSE) this week, became the first digital IPO as it transacted, among other platforms through mobile money. The IPO’s lead advisor Standard Bank of Malawi applauded the Reserve Bank of Malawi for accommodating several transaction platforms during the offer. Enock Kondowe, Standard Bank’s head of...
Africa-focused telecom and payments group Airtel Africa said an initial public offering of its Malawi unit has been priced at around $37.5m based on current exchange rates. A fifth of the unit’s outstanding shares would be sold in the initial public offering on the Malawi Stock Exchange. The price has been set at MK 12.69...
Pan-African telecommunications company, Airtel Africa has reported a 9.9% increase in its revenue to US$2, 522-million for the nine-month period ended 31 December 2019, coming off the back of strong performance in Nigeria and its East Africa operations. The company, which operates in 14 African countries, including Zambia, DRC, Malawi and Tanzania, said in a...
Airtel Malawi has confirmed its mobile money service is not included in the Initial Public Offer (IPO) which closed on 31 January 2020 because it is a different entity. The public offer for Malawi’s largest mobile phone services provider opened on 27 December 2019. Managing Director Charles Kamoto explained that the company has two affiliates...
Airtel Tanzania, the country’s second largest mobile operator by subscribers, has been allocated an additional 2×10MHz of spectrum in the 1800MHz band, at an annual cost of USD600,000. The latest award brings Airtel’s total allocation to 2×22.5MHz in the 1800MHz band. In addition, Airtel Tanzania has been authorised by the Tanzania Communications Regulatory Authority (TCRA)...
