Swift Networks Acquires Chromecom, to Deploy additional 1,000 4G LTE Base Station in Lagos

As part of its strategic positioning of delivering unrivaled high-speed broadband and data services to its esteemed customers, 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 (subsidiary of Monarch Communications Limited)- another licensed operator, to boost the broadband speed for its existing customers and additional capacity for prospective customers.

SWIFT Networks have also concluded arrangement for the deployment of over 1,000 4G Long Term Evolution (4G LTE) base stations in Lagos State to provide itsteemingcustomers with unmatched broadband experience.

Speaking on the development, the Managing Director, SWIFT Networks Limited, Mr. Charles Anudu described the acquisition of the spectrum of Chromecom as a strategic drive for the company in its constant quest for better service delivery to its valued customers.

“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’’ he enthused.

According to the Chief Operating Officer (COO), Mr. Chuma Okoye “Delaying our expansion to Abuja and Port Harcourt till now was deliberate to ensure that we would have first nailed down the Lagos market properly and then mustered the resources, human and otherwise, experience, systems and processes to ensure that our success is replicated in these new markets " he stated

In his own remark, the General Manager, Consumer Sales and Marketing, SWIFT Networks Limited, Mr. Philip Sonibare stated that over 100,000 existing WiMAX customers would be migrated to the 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, irrespective of the evolution of technology.

‘’The benefit to these customers will be a free upgrade to a much faster and more efficient network for better service experience. This will also enable us to improve the experience of our existing 4G LTE customers as we deploy more of our spectrum and base station resources to add more capacity to the network. Closer to the time the new upgrade will be ready, we will formally inform our customers as to how they can exchange their 4G WiMAX modem’’ he explained.