STN Secures Telecom License to Compete with Major Operators
Swift Telephone Network Limited (STN) has secured a Unified Access Service Licence (UASL) from the Nigerian Communications Commission, allowing it to provide telecommunications services nationwide. This milestone was announced on September 30, with STN's Managing Director and CEO, Oluwole Adetuyi, emphasizing the company's commitment to training engineers, partnering with local vendors, and enhancing connectivity.
STN aims to build a competitive telecommunications business rooted in Nigeria. The company, which was founded in 1998 and previously ceased operations in November 2010 due to infrastructure losses and boardroom challenges, was revived in February 2017.
After reinstating its licence in 2019, STN formally applied for the UASL on February 22, 2022. The approval now enables STN to expand its services and prepare for a national rollout, with further announcements regarding strategic partnerships expected in the coming weeks.
Plus234Feed summary based on reporting from Legit.ng. Read the original report below.
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