Airtel Africa (AAF)

Sector:

Telecom Operators

Index:

FTSE 100

106.80p
   
  • Change Today:
      2.20p
  • 52 Week High: 133.70p
  • 52 Week Low: 90.70p
  • Currency: UK Pounds
  • Shares Issued: 3,746.37m
  • Volume: 1,853,689
  • Market Cap: £4,001.12m
  • RiskGrade: 259

Airtel Africa buys 4/5G spectrum in Nigeria for $316m

By Frank Prenesti

Date: Monday 09 Jan 2023

LONDON (ShareCast) - (Sharecast News) - Airtel Africa said its Nigerian subsidiary had bought 4G & 5G spectrum from the Nigerian Communications Commission for $316.7m.


The company said it had acquired 100 MHz of spectrum in the 3500MHz band and 2x5MHz of 2600MHz.

"This additional spectrum will support our investments in network expansion for both mobile data and fixed wireless home broadband capability, including 5G rollout, providing significant capacity to accommodate our continued strong data growth in the country and exceptional customer experience," the company said on Monday.

Reporting by Frank Prenesti for Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Airtel Africa Market Data

Currency UK Pounds
Share Price 106.80p
Change Today 2.20p
% Change 2.10 %
52 Week High 133.70p
52 Week Low 90.70p
Volume 1,853,689
Shares Issued 3,746.37m
Market Cap £4,001.12m
RiskGrade 259

Airtel Africa Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
28.14% below the market average28.14% below the market average28.14% below the market average28.14% below the market average28.14% below the market average
42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average
Income Not Available
Growth
13.05% above the market average13.05% above the market average13.05% above the market average13.05% above the market average13.05% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average

Airtel Africa Dividends

  Latest Previous
  Interim Final
Ex-Div 09-Nov-23 22-Jun-23
Paid 15-Dec-23 26-Jul-23
Amount 2.38¢ 3.27¢

Trades for 18-Apr-2024

Time Volume / Share Price
16:36 3,054 @ 106.80p
16:36 3,053 @ 106.80p
16:35 554,392 @ 106.80p
16:35 388 @ 106.80p
16:35 388 @ 106.80p

Airtel Africa Key Personnel

Chair Sunil Bharti Mittal

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