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Wednesday, November 12, 2008

SWAP Tech lifts ESDPSS with N1.5m

SWAP Technologies & Telecoms Limited, has lifted the Workforce Management’s Employability Skills Development Programme Scholarship Scheme (ESDPSS) with the corporate social responsibility (CSR) support worth N1.5 million.

A press statement from Swap’s Corporate Services Manager, Mrs. Isabella Yusuf, stated that the support scheme seeks to ensure that youths, especially university and polytechnic graduates, are better equipped with modern Information and Communications Technologies (ICT) skills that would enhance their status preparatory to gaining employment in today’s hyper-competitive job market.

“This corporate support of youth empowerment underscores our company’s believe that individual Nigerians and the nation as a whole can become more competitive through the creation of technological advantage which a program like ESDPPSS engenders,” she said.

According to her, Swap Technologies & Telecoms has been one of the best performing, profit-making telecoms infrastructure companies in the country, through the importation of telecom towers, shelters, rectifiers, generators, antennas, palisade fence, radio frequency (RF) cables and other accessories that are vital for the roll out of telecommunication networks.

She also said that Swap services a line up of private telecom operators and Global System for Mobile communications (GSM) operators.

Some of these clients, she listed to include MultiLinks-Telekom, ZOOMmobile, Visafone Communications Limited, Celtel and contractors of virtually all telecom operators in the land.

These include Harris Staratex, Huawei, Alcatel-Lucent, Helios Towers, IHS Nigeria, Bell-X, Telcon, Ghatoni, Fadco, Lucratel, Interkel, Alps, IPNX and CITCC to name a few.

The company is also a major player in the field of construction of cell sites, and has built over 200 sites for mega companies like Multilinks-Telkom, ZOOMmobile and Visafone.

Also speaking, the managing director of SWAP, Mr. Tunde Titilayo, disclosed that his company has advanced plans to expand into the West African region.

“We also built sites in Ivory Coast and plans major expansion of business outside Nigeria in the growing markets of the Benin Republic, Ghana and Ivory Coast,” he said.

Titilayo pointed out that Swap has strategic tie-ups with manufacturers of highest standards like Africa Cellular and Tricom Structures for un-interrupted supplies of telecom towers.

“We bring in the best quality and highest specification shelters from JK Shelters and Palladium Projects. All the manufacturers are located in South Africa. We also buy the rectifiers and batteries from the world-famous company, the Emerson Network Power. Swap is also partnering by becoming one of the two exclusive distributors to the Nigerian industrial house that has set up a state-of-the art factory for manufacturing telecom towers in Nigeria,” he said.

Mr. Titilayo stressed the need for Swap to continue being a responsible corporate citizen as it was no longer just a private company but has become answerable to over 500 investors who invested in the company in good faith and in anticipation of handsome rewards from an ethical company dedicated to good corporate governance.


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