Airtel Kenya pays Sh581m for 10-year telecoms licence

An Airtel shop in Nairobi. FILE PHOTO | NMG

Airtel Kenya has wired $5 million (Sh581 million) to the Communications Authority of Kenya (CA) as part payment for its operating and spectrum licence running from 2015 to 2025.

The telco now has a balance of $15 million (Sh1.7 billion), which it is expected to settle over the next three years. The latest payment adds to a recent $10 million (Sh1.1 billion) for a separate spectrum increase and which it will be allowed to use for 10 years.

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