Oi selling towers to NK 108 for BRL1.7B

Oi selling towers to NK 108 for BRL1.7B

In a statement to shareholders, Brazil’s Oi has confirmed that it has agreed to sell some of its tower infrastructure to NK 108 Empreendimentos e Participacoes (NK 108) for BRL1.697 billion (USD324.6 million).

Airtel Africa is sole 5G bidder in Nigeria

Airtel Africa is sole 5G bidder in Nigeria

Airtel Africa was the only operator to bid in the second round of Nigeria’s 3.5GHz spectrum auction, with its rivals refraining from registering interest or paying an intention to bid deposit.

Airtel Africa takes out loan to bolster units

Airtel Africa takes out loan to bolster units

Airtel Africa signed a new US$194 million facility with World Bank sister organisation the International Finance Corporation (IFC), a move to upgrade operations across its footprint in Africa.

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