Home History The History And Everything You need to know about Swift Telephone Network, or STN the New Network that’s about to enter Nigeria now

The History And Everything You need to know about Swift Telephone Network, or STN the New Network that’s about to enter Nigeria now

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The History And Everything You need to know about Swift Telephone Network, or STN the New Network that’s about to enter Nigeria now

Nigeria just got a new mobile network. Swift Telephone Network, or STN, received its licence from the NCC today.

It’s coming into a market where MTN holds about 52% and Airtel 34%, and even 9mobile is down to less than 2%.

The new telecom network is family owned, It was originally founded in 1998 under the visionary leadership of the late Barr. (Mrs) Clara Adetuyi.

Today, the company remains wholly Nigerian-owned and is currently led by her son, Oluwole Adetuyi, who serves as the Managing Director and Chief Executive Officer.

For people to actually switch, STN will need more than cheap data. The network has to be stable, calls can’t keep dropping, and the coverage has to reach beyond the big cities.

 

STN Receives Unified Access Service Licence from NCC

Company Begins New Chapter as an Independent Nigerian Telecommunications Operator

LAGOS, NIGERIA — 1st OCTOBER 2026

 

Swift Telephone Network Limited (STN) has announced the award of a Unified Access Service Licence (UASL) by the Nigerian Communications Commission (NCC), marking a significant milestone in the company’s evolution and its entry into Nigeria’s fast-growing telecommunications industry.

The milestone marks STN’s formal evolution from its early beginnings as a telephone call service operating under an umbrella structure into an independent Nigerian telecommunications company positioned to build the next generation of digital infrastructure in Nigeria.

A New Chapter for STN

Chief Executive Officer of STN, Oluwole Adetuyi, described the UASL as a defining moment in the company’s journey.

“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.”

STN’s journey mirrors the story of Nigerian enterprise. From humble beginnings providing basic telephony services, the company has endured changing economic conditions, evolving regulations and market challenges.

Through perseverance and adaptation, STN has transformed into a full-service telecommunications operator ready to compete and create value at scale.

The UASL provides STN with the regulatory platform to provide a comprehensive range of telecommunications services, including voice, data and access services across Nigeria, subject to the applicable regulatory framework and licence conditions.

connectivity and contribute to bridging the digital divide.

Employment and Entrepreneurship
Creating direct employment opportunities and supporting Nigerian entrepreneurs in distribution, retail and support services, while increasing Nigerian ownership and leadership across the telecommunications value chain.

“Our ambition is simple: to help build Nigeria’s digital economy from the ground up,” Adetuyi said.

He added:

“This licence gives us the platform. Nigerian talent, Nigerian partners, and Nigerian innovation will give us the momentum.”

The Road Ahead

STN will, in the coming weeks, announce strategic partnerships, infrastructure rollout plans and programmes designed to engage investors and stakeholders as it begins commercial operations under the UASL.

These initiatives will form part of STN’s broader strategy to expand its telecommunications footprint, strengthen digital connectivity and create opportunities across Nigeria’s growing digital economy.

Swift Telephone Network Limited (STN) is an independent Nigerian telecommunications company.

From its origins as a telephone call service, STN has evolved into a UASL-licensed operator committed to building resilient, inclusive and innovative digital infrastructure for Nigeria.

The company is focused on delivering telecommunications and digital communications solutions while contributing to the growth of Nigeria’s digital economy and telecommunications ecosystem.

About the Unified Access Service Licence

The Unified Access Service Licence (UASL) issued by the Nigerian Communications Commission (NCC) provides the holder with authorisation to provide a comprehensive range of telecommunications services, including fixed, mobile, voice and data services across Nigeria, subject to the applicable regulatory framework and licence conditions.

For STN, the award of the UASL represents a new chapter in its journey and provides the platform for the company to expand its telecommunications operations and contribute to Nigeria’s digital infrastructure development.


Swift Telephone Network Limited (STN)
Connecting Your Voice.

 

Swift Telephone Network’s telecommunications journey began in Nigeria in 1998 with a modest calling operation supporting the NUGA Games. From those early beginnings, the business evolved into new communications services, including voicemail within the University of Lagos community and, later, digital landline telecommunications.

The company’s corporate history subsequently included operations under YOBOC & Co. Ltd., while its transition toward independent telecommunications licensing led to a new chapter for Swift Telephone Network.

In 2005, STN obtained its own operational telecommunications licences from the Nigerian Communications Commission.

 

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