Airtel Africa completes acquisition of spectrum from Intercellular for USD 94 mln

Tuesday 10 March 2020 | 09:35 CET | News
Airtel Africa said it has completed the acquisition announced in November of spectrum from Intercellular Nigeria for USD 94 million, after obtaining approval from the Nigerian Communications Commission (NCC). Airtel said that it acquired the 10 MHz spectrum in the 900 MHz band. The USD 94 million included NCC fees, in line with the commission's Spectrum Trading Guidelines.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Airtel Africa / Airtel Nigeria / Intercellular / NCC
Countries: Nigeria
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Airtel Africa FY revenue up 11%, customers increase 12%

Published 13 May 2020 10:28 CET | Africa
Airtel Africa revenue increased by 11.2 percent to USD 3.42 billion for the year ended 31 March. The strong performance was ...

Airtel Nigeria launches Ultra Plans for home broadband customers

Published 23 Apr 2020 10:55 CET | Nigeria
Airtel Nigeria has introduced three Ultra Plans for users of its routers and MiFis. The Ultra 20 provides 120 GB monthly for NGN ...

Airtel Nigeria donates phones to airport authority to check passengers arriving from overseas amid Covid-19

Published 24 Mar 2020 13:52 CET | Nigeria
Airtel Nigeria has begun a national coronavirus awareness campaign and has donated 40 mobile phones set up for a Closed User ...

Nigeria adds 12 mln telecom subscribers in 2019

Published 27 Feb 2020 10:13 CET | Nigeria
Nigeria ended 2019 with 184.7 million telecom subscribers, up from the 172.9 million in December 2018, according to statistics ...

Airtel Nigeria 9 month revenue up 24%, subscribers up 9%

Published 28 Jan 2020 09:44 CET | Nigeria
Airtel Nigeria's revenue increased by 23.6 percent to USD 995 million for the nine-month period to 31 December 2019 from USD 805 ...

Airtel Africa Q3 revenue rises 13%

Published 28 Jan 2020 09:35 CET | Africa
Airtel Africa said revenue increased by 9.9 percent to USD 2.52 billion in the nine months to 31 December 2019 from USD 2.29 ...

Airtel Africa acquires Intercellular Nigeria for additional spectrum

Published 15 Nov 2019 11:27 CET | Nigeria
Airtel Africa has announced the acquisition of additional spectrum to expand its telecommunications network in Nigeria. It said ...

Nokia 2 goes on sale in Nigeria

Published 22 Nov 2017 09:22 CET | Nigeria
HMD Global has launched the Nokia 2 in Nigeria, at prices ranging from NGN 33,200 to NGN 145,000. The smartphone aims to provide ...

Intercellular rebrands, launches 4G data services

Published 31 Aug 2016 11:14 CET | Nigeria
Nigerian CDMA operator Intercellular has re-launched under the new brand InterC Network and introduced services based on 4G, ...

Intercellular Nigeria selects Huawei for LTE broadband

Published 02 Mar 2016 10:59 CET | Nigeria
Intercellular Nigeria has selected Huawei to deploy an LTE network to meet the strategic and service demands of the Nigerian ...

Calendar   /   Industry Events

03 Aug RingCentral Q2 2020
03 Aug Harmonic Q2 2020
03 Aug SBA Communications Q2
03 Aug WoW! Q2 2020
03 Aug Liberty Global Q2 2020
03 Aug NTT Docomo fiscal Q1
03 Aug Cirrus Logic Q1
03 Aug Ceragon Networks Q2
04 Aug Arista Networks Q2 2020
04 Aug Softbank fiscal Q1
04 Aug TIM Q2 2020
04 Aug Inphi Q2 2020
04 Aug Otelco Q2 2020
04 Aug Allot Q2 2020
04 Aug Twilio Q2 2020
04 Aug Boingo Wireless Q2 2020
04 Aug NeoPhotonics Q2 2020
05 Aug Smith Micro Software Q2 2020
05 Aug Inseego Q2 2020
05 Aug Infinera Q2 2020
05 Aug Fitbit Q2 2020
05 Aug Roku Q2 2020
05 Aug Ribbon Communications Q2 2020
05 Aug Magyar Telekom Q2 2020
05 Aug Extreme Networks fiscal Q4
05 Aug Zynga Q2 2020
05 Aug Dasan Zhone Solutions Q2 2020
05 Aug Dialog Semiconductor Q2 2020
05 Aug CenturyLink Q2
05 Aug Samsung Galaxy Unpacked event
::: More Calendar Items