 Solution

triphenylphosphine is a good sigma donor and a substantially poorer pi acceptor than CO. Replacing CO by this phosphine ligand increases electron density at chromium and reduces competition among carbonyl ligands for pi backbonding. Backbonding into each remaining CO therefore strengthens, their internal bond force constants fall, and both remaining carbonyl stretching frequencies are expected to shift downward relative to the parent tricarbonyl.

The two remaining carbonyl ligands have coupled approximately symmetric and antisymmetric stretches; both are generally infrared active in this geometry. One should not treat the spectral change as simply deleting one of the original two bands. The substituted complex still has $6+6+2(2)+2=18$ valence electrons. No numerical frequency shift follows from electron counting alone.