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Tag: Airtel Africa

Airtel Africa to sell 20% Ugandan subsidiary stake via IPO 
Business

Airtel Africa to sell 20% Ugandan subsidiary stake via IPO 

Airtel Africa Plc has told its Nigerian shareholders that it intends to use an Initial Public Offering to offer local investors a 20% stake in its Ugandan subsidiary, Airtel Uganda Limited. The telecommunications firm informed the Nigerian Exchange Limited on Wednesday that this would entail the sale of 8 billion common shares of the domestic entity. […]

Airtel launches 5G network in Kenya
News Tech

Airtel launches 5G network in Kenya

Following months of testing, Airtel is now the second telco to roll out 5G in Kenya after Safaricom did so in October 2022. Eliud Owalo, Kenya’s cabinet secretary for ICT, and Ezra Chiloba, the director-general of the Communications Authority of Kenya (CA), attended the event where Airtel, the country’s second-largest network operator, introduced the product. […]

Airtel Africa purchases 491,861 shares from Citigroup Global
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Airtel Africa awards top directors £2.3m in shares

Two of Airtel Africa Plc’s top directors, Olusegun Ogunsanya and Jaideep Kishore Paul, have received shares worth £2.3 million. According to the company’s announcement, the shares were given out in accordance with the company’s Long-Term Incentive Plan, which was created to reward directors for their long-term success. The CEO of the company, Ogunsanya, received 1,420,828 […]

Airtel
Business

Airtel Africa renews spectrum licence with N59b

A telecommunications company, Airtel Africa, has stated that its Nigerian subsidiary, Airtel Networks Limited, Airtel Nigeria, has paid N58.7 billion to renew its 2×10 MHz 2100 MHz spectrum license with the Nigerian Communications Commission. This information was disclosed in a statement made by the company’s Company Secretary, Simon O’Hara, accessed by Nairametrics. The statement also […]