Airtel pays N58.7b for spectrum licence renewal; NCC approves MTN’s spectrum lease
Airtel Africa has announced that its Nigerian subsidiary, Airtel Networks Limited (Airtel Nigeria) has paid N58.7 billion to the Nigerian Communications Commission (NCC) to renew its 2×10 MHz 2100 MHz spectrum licence. This is as the NCC also approved a spectrum lease transaction between MTN Nigeria and Natcom Development and Investment Limited (NTEL), according to report by Nairametrics. In a statement …