Operators Seek Regulatory Intervention On $200m VAS Market: Operators Seek Regulatory Intervention On $200m VAS Market Chima Akwaja — Dec 28, 2014 | Leave a comment Mobile content operators in the Nigerian telecommunications sector have urged all stakeholders in the value added service (VAS) to join hands with the Nigerian Communications Commission to develop a regulatory framework to fully grow the $200 million wireless application sub-sector for Nigeria’s social and economic growth. Through their trade body, Wireless Applications Service Providers Ltd (WASPAN), they said that the current scenario whereby mobile networks and wireless application service providers hold divergent opinions on several critical industry issues would not augur well for the sector’s development and the country’s growth. The Nigerian Communications Commission (NCC) recently stated that the volume of business activities in mobile VAS segment of the Nigeria’s highly competitive telecommunication industry is currently valued at $200 million year-on-year. The revenue, according to NCC, is expected to more than double to reach $500 million in the next few years if proper regulatory framework is put in place. NCC recently called a stakeholders’ meeting to discuss several issues bedeviling wireless application services. Fallout of the meeting was the announcement by the executive vice-chairman of NCC, Dr Eugene Juwah that a plan to develop an industry-driven regulatory framework to strengthen the mobile VAS market would soon be unveiled. According to the national coordinating consultant of WASPAN, Mr Simon Aderinola, wireless application sub-sector is one that has emerged globally in recent years and not part of the traditional telecommunications services. He noted that based on this reality; there is some degree of uncertainty about how to regulate the activities of wireless application providers and how to help develop the sub-sector. Aderinola said the problem was not peculiar to Nigeria, noting that in many countries after initial problems, collaboration between network operators, application service providers, the industry regulator and other stakeholders had led to the development of the industry for greater economic benefits. « Previous Article Electricity Standards Agency Rates MEMMCOL World Class Meter Next Article » SEC To Partner NBA On Capital Market Development Original link Read More goo.gl/ZfTLCA (y) ✍comment ☏share
Posted on: Sat, 27 Dec 2014 23:51:28 +0000
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