Chams Plc has recently announced the floating of three additional firms as part of its expansion plans as the leading information and communications technology group in the country.

The three new subsidiaries are Chams Switch, Chams Access and Chams Mobile.

ChamsSwitch would be focus on electronic commerce and would handle transactional and identification Switching.

ChamsMobile on the other hand takes her place in the mobile telephony sector and is aimed at not just delivering the mobile payment solution but also building competences by  locally manufacturing the mobile phones however through Foreign Direct investment by Technical Partners.

Lastly ChamsAccess, focuses on building infrastructure, with the Chams AccessTerminals and ATMs as its platform, ChamsAccess will deliver a network of infrastructure with suites of enterprise solutions to serve corporate, government, and individuals.  

According to the Group Managing Director, Chams Plc. Mr. Demola Aladekomo, the three new firms were set up to take advantage of identified opportunities in the Nigerian economy.

He added that the mobile subsidiary would ensure that phones were made in such a way that they would contain local features that meet the needs of the Nigerian environment.

He continues that Chams City, a new strategic business unit in the parent company, ChamsPlc, is currently building centres across the country, including the Lagos centre, which is billed to have over 1,000 computers and reputed to be the largest digital mall and cyber café in the world.

The Lagos centre hosted the finals of the Nigerian leg of the World Cyber Games 2008 on Saturday.

Already Chams has begun nationwide deployment of Automatic Teller Machines and the exercise is expected to cover all the 774 local governments in the country before the end of next year.

In all, about 1,000 ATMs are to be deployed in the country and they are expected to run on a platform to be provided by Chams Switch.

Chams and the National Information Technology Development Agency, earlier in the year, signed a major agreement towards the effective implementation of the Millennium Development Framework for Mobile Internet and Outsourcing Solutions. The exclusive deployment of ATMs in the 774 local governments was part of the agreement

Aladekomo stated that Chams was determined to become a Nigerian IT firm making its mark in the global community.

He added that this informed the reason why the firm was recently listed on the Nigerian Stock Exchange, adding that soon, it would become an employer of choice in the country.

Besides the three firms, other subsidiaries of Chams include Supercard, Paymaster and Card Centre Limited.