Middle of July we received a notification in the O365 admin portal that we would be upgraded to AAD Basic.
How can we verify that we've upgraded?
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If it's been added to the tenant, you should see an option to assign AAD Basic licenses to users from the Office 365 portal, or perhaps see the service listed under Licences from the Billing area of the Admin center.
Alternatively, from the Azure portal check out this article which covers this procedure - License yourself and your users in Azure Active Directory.
So it's not yet there.