Airtel Africa through its Kenyan subsidiary, Airtel Kenya has agreed to pay a $30-million settlement to the Kenyan government in order to move forward in the operator’s licensing renewal process in the country. The payment will see the telecom settle its dues to the Communications Authority of Kenya for its previous spectrum and operating licenses.
This agreement will see Airtel Kenya pay a total of $20-million in four installments over the next three years in respect of settlements regarding the 2015 – 2025 operating and spectrum license.
Airtel Kenya also agreed to pay a further $10-million to the Communications Authority for a new 10-year license in the country from 2022 onwards until the telecom will have to renew again in 2032.
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Kelechi Deca
Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry