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Swap Tech restates commitment to investors
By Stanley Opara  
Tuesday, 26 Aug 2008  
   
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Swap Technologies & Telecomms Plc, on Friday, said it was committed to maximising returns on investment for its investors.

The company, which recently concluded its private placement, said the maiden stakeholders’ forum was organised to inform the stakeholders of its current achievements as well as its future plans.

According to the Managing Director/Chief Executive Officer, Swap Technologies & Telecomms, Mr. Tunde Titilayo, “There are 570 investors of Swap Plc today, and the company is planning listing on the Nigerian Stock Exchange soon.”

He said that the organisation had grown from a small company distributing recharge cards to a top public limited company, which distributes telecoms products all over the country and builds cell sites for clients like Multilinks, Visafone, ZoomMobile and Huawei among others.

He added that Swap would continue to give maximum returns to the shareholders and tread the path of exemplary corporate governance.

The Chairman of the company, Mr. Godwin Adokpaye, said Swap was keen on understanding the expectations of its stakeholders and infuse them into its future plans.

He lauded the activities of mobile phone operators like MTN, Zain, Multilinks Telkom, ZoomMobile, Visafone, Starcomms, O’net, Harris Stratex, ZTE, NEC and Alcatel-Lucent, among others, reassuring them of his company’s commitment to providing needed services.

Adokpaye added that the company would also continue to facilitate the effective distribution of telecom infrastructure in the country as well as encourage tower manufacturing in Nigeria.



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