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ARTICLE · 08 DECEMBER 2021

Value-Added Services -Examining Its Regulatory Framework And Its Impact On The Telecommunications Sector

AELEX
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The recent growth of the telecommunications industry has witnessed a reposition from the provision of standard and conventional services such as voice calls and text messages to a variety of services collectively known as Value Added Services.

NigeriaMedia, Telecoms, IT, Entertainment
Raphael Irenen
Raphael Irenen
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Introduction

The recent growth of the telecommunications industry has witnessed a reposition from the provision of standard and conventional services such as voice calls and text messages to a variety of services collectively known as Value Added Services ("VAS").

VAS refers to services that are not within the scope of core telecommunications services such as voice calls and text messages. These services can either be rendered by telecommunications companies or by other companies working with or through telecommunications companies.

Examples of such services include multimedia messaging, caller tunes, et al. The market value of the industry was estimated at $200 million per annum in 2016 and is expected to reach $500 million by the end of this year1.

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