Airtel completes deal for acquisition of 4G, 5G spectrum at $316.7m | TheCable

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Airtel completes deal for acquisition of 4G, 5G spectrum at $316.7m | TheCable
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Airtel Africa says its Nigerian subsidiary, Airtel Nigeria, has acquired fourth generation (4G) and fifth generation (5G) spectrums from the Nigerian Communications Commission (NCC) for a cumulative price of $316.7

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“The acquisition of 5G spectrum will underpin our growth strategy by enabling the launch of higher speed connectivity to enhance customer service and accelerate digitalisation for consumers, enterprises and the“The key benefits of 5G will include higher speeds, lower latency, significant network capacity as well as an improved user experience.

Speaking on the acquisition, Segun Ogunsanya, chief executive officer , Airtel Africa, said Nigeria is a market with enormous potential for future growth in mobile services.

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