Data services provider acquires Chromecom, deploys 1,000 base stations

According to reports, SWIFT Networks Limited, Nigeria’s leading provider of high-speed broadband and data services to enterprise and consumer customers recently completed the acquisition of the spectrum of Chromecom, a subsidiary of Monarch Communications Limited, another licensed operator, to boost the broadband speed for its existing customers and additional capacity for prospective customers.

The report also reveals that SWIFT Networks have concluded arrangement for the deployment of over 1,000 4G Long Term Evolution (4G LTE) base stations in Lagos State to provide its teeming customers with better broadband experience.

Speaking on the development, Mr. Charles Anudu, managing director, SWIFT Networks Limited, said “As a company, we believe in pursuing strategic initiatives that ensure that we continuously reinforce our brand essence and value proposition to our teeming customers. With the additional spectrum from the Chromecom acquisition, the refarming of our WiMAX spectrum for 4G LTE services and the additional base stations deployment, we will deliver an ultra-fast broadband experience comparable to the best anywhere in the world."

In his own remark, Mr. Philip Sonibare, general manager, Consumer Sales and Marketing, SWIFT Networks Limited, stated that over 100,000 existing WiMAX customers would be migrated to the new 4G LTE network in the third quarter of 2015, free of charge for the modems to ensure that the customers enjoy a future-proof experience.