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Tag: Airtel

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
News

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 […]

PHOTOS: Tinubu meets Airtel board in Aso Villa
News

PHOTOS: Tinubu meets Airtel board in Aso Villa

  Kazeem Owoseni The President, Bola Ahmed Tinubu on Monday, held a meeting with members of the Airtel board at the Presidential Villa Abuja. The President who disclosed this through his Twitter handle on Monday night, revealed that his administration is always ready to discuss with investors, who are ready to commit resources to the […]

NCC dismisses rumors of telecom tariff increase
featured Telecommunications

Phone users hit 233m, add 2.5trn to GDP – NCC

The National Communications Commission has stated that as of April 2023, there were 223.8 million mobile phone customers in Nigeria, and in the first quarter of 2023, telecommunications and ICT services contributed N2.508 trillion to the country’s GDP. According to Nairametrics, the NCC’s director of public affairs, Reuben Muoka, revealed this in a statement on Tuesday. […]

Airtel launches Women Network to deepen gender equality
News

Airtel launches Women Network to deepen gender equality

  Kazeem Owoseni   In its quest to encourage and deepen gender equality in Africa, the telecommunication network, Airtel Nigeria has launched Women’s network. Women Network is a platform created by Airtel, to empower and mentor women to become global leaders while also breaking stereotypes and closing gender gaps. However, the launch of the first […]

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

How Airtel Africa investors lost N556bn in one day

Airtel Africa Plc, one of the largest telecoms companies listed on the Nigerian Exchange Group Plc, suffered a loss of around N556 billion at the end of Wednesday’s trading session as the domestic market continued under sell pressure. Nairametrics reported that the benchmark index completed the trading day at 53,018.97 points as the market continued […]

Airtel Africa to build 34MW data center in Nigeria
Telecommunications

Airtel commissions Gombe’s largest primary school

Airtel Nigeria, a telecommunications company, announced the opening of its seventh adopted school, Government Day Primary, as part of its ‘Adopt-A-School’ corporate social responsibility initiative. According to a statement released by Airtel on Tuesday, the project was inaugurated on March 24, 2023, in Pantami, Gombe State, by the Emir of Gombe, Alhaji Shehu Abubakar, and […]

News

Airtel, Dangote, other most valuable Nigerian companies in 2022

Telecommunication company, Airtel, led other companies in the Nigerian most valuable companies ranking. According to Nairametrics, Dangote cement was ranked second with MTN, occupying the third position. This was established by using publicly available values of publicly traded companies based on their market worth. This contrasts with the valuations of many privately held businesses, which […]

Telecommunications

Debt: MTN, Airtel, others to disconnect banks’ USSD code

  Chairman of the Association of Licensed Telecoms Operators of Nigeria, Gbenga Adebayo, has revealed that network operators will detach banks from the Unstructured Supplementary Service Data code. The banks have failed to remit commission from the costs of the USSD utilized by bank account holders for electronic transactions, according to ALTON, the umbrella organization […]

Telecommunications

NIN: MTN, Airtel bar 9.7 million subscribers

The Mobile Telephone Network and Airtel have reportedly barred 9.7 million of their subscribers from making outgoing calls over their inability to link their National Identification Numbers to their Subscriber Identity Module. The telecommunication companies disclosed this in their recent earnings reports. The report stated that 16.2 million subscribers whose lines were barred had submitted […]

Airtel Africa begins $100m share buy-back
Telecommunications

How Airtel Africa lost ₦752bn in one week

Airtel Africa Plc lost ₦752 billion at the end of the week’s trading to rank top loser of the week after sustained stock sustained sell pressure. Nairametrics reported that the telecoms company’s stock dropped by 10% to N1,800 per share, from N2000, which was the opening figure for the trading week. According to Nairametrics, Airtel […]

Telecommunications

Tinubu didn’t bring Econet to Nigeria -Tech investor

Nigerian tech investor, Victor Asemota, has said that presidential aspirant, Bola Tinubu, did not bring Econet Wireless (now Airtel) to Nigeria. The techpreneur’s comments came after the All Progressives Congress’ national leader, claimed that he played a significant role in the Nigeria telecom service by bringing Econet to the country during the presidential screening of […]