The Nigerian Communications Commission (NCC) has approved a Unified Access Service Licence (UASL) to Swift Telephone Network Limited, thereby authorising the licensee to provide a comprehensive range of telecommunications services including fixed, mobile, voice and data services in the country.
The company entered the industry some years ago as a telephone call service operating under an umbrella structure and has gradually transforming into an independent telecommunications company positioned to build the next generation of digital infrastructure in Nigeria.
Speaking on the legal authorization of the company as a licensed UAS provider, the Chief Executive Officer, Oluwole Adetuyi, enthused: “This UASL is not just a licence. It is a new chapter. It represents where we started, what we have endured, how we have evolved, and where we are going. We are building in Nigeria, for Nigeria.”
Adetuyi said the NCC licensing of his company reinforced a larger truth about Nigerian businesses to stand the test of time, noting that “they can evolve, compete globally, and build institutions of lasting value from Nigeria. At a time when the digital economy is central to national growth, STN is proof that local ambition, backed by resilience, can deliver world-class infrastructure.
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“They can evolve, compete globally, and build institutions of lasting value from Nigeria. At a time when the digital economy is central to national growth, STN is proof that local ambition, backed by resilience, can deliver world-class infrastructure.
“Our ambition is simple: to help build Nigeria’s digital economy from the ground up. This licence gives us the platform. Nigerian talent, Nigerian partners, and Nigerian innovation will give us the momentum”, Adetuyi added.
Over the past years, the company had, through perseverance and adaptation, transformed into a full-service operator ready to compete and create value at scale as the UASL now grants STN the ability to provide a full range of telecommunications services such as voice, data, and access across Nigeria.
Some of the key pillars of the telecom firm include, investment in skills development and training for Nigerian engineers, technicians and digital professionals; prioritising partnerships with Nigerian service providers, contractors and vendors across the value chain as well as collaborations with global technology partners to deepen indigenous technical capabilities.
According to the company’s management, other key areas include infrastructure development, as it intends to roll-out telecommunications infrastructure to expand access and bridge the digital divide and creation of direct employment and opportunities for Nigerian entrepreneurs in distribution, retail and support services, including increasing Nigerian ownership and leadership in the telecoms value chain.
Based on its AUS licence, STN will in the coming weeks announce strategic partnerships, infrastructure rollout plans, and programmes to engage investors and stakeholders as it begins commercial operations under the UASL.
