New operator enters telecom market where MTN, Airtel control 86% of subscribers

Swift Telephone Network Limited (STN) has obtained a Unified Access Service Licence (UASL) from the Nigerian Communications Commission (NCC) to enter Nigeria's mobile market, according to a statement released to Nairametrics. The company joins the ranks of established mobile network operators, including MTN Nigeria and Airtel Nigeria, which currently hold the majority of active subscriptions.

The UASL licence grants STN the authority to provide voice, data, fixed, and mobile telecommunications services, potentially intensifying competition in the market. The licence takes effect on October 1, 2026, and is valid for a period of ten years, with the possibility of renewal. STN's Chief Executive Officer, Oluwole Adetuyi, described the licence as a significant milestone in the company's growth, as it evolved from a basic telephone call service to a full-service telecommunications provider.

The company intends to leverage this new opportunity to enhance connectivity, expand its infrastructure, and contribute to bridging Nigeria's digital divide. STN plans to invest in the development of local human resources by training Nigerian engineers, technicians, and digital professionals, while also fostering partnerships with local service providers, contractors, and vendors.

Additionally, the company aims to create employment opportunities for Nigerian entrepreneurs engaged in distribution, retail, and support services. STN's legal and regulatory affairs director, Yetunde Okafor, announced that the company would unveil strategic partnerships, infrastructure rollout plans, and investor engagement initiatives in the coming weeks, as part of its preparations for commercial operations under the UASL.