NCC licenses 10 new VAS operators as market hits $200 million | The Guardian Nigeria News - Nigeria and World News

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The NCC said it is hopeful that the VAS aggregator licence will improve innovation, local content, employment opportunities, and increase in income stream to both network operators and content developers. employment NCC

. The NCC in a document said the 10 new additions became necessary to deepen the market, and further improve scalability, with VAS market value now at $200 million, but projected to hit $500 million by 2024.

The NCC said it is hopeful that the VAS aggregator licence will improve innovation, local content, employment opportunities, and increase in income stream to both network operators and content developers. The document also revealed that within the year, over 24 million validly registered subscriber records were scrubbed/cleaned-up via Automated Fingerprint Identification System , in fulfilment of the mandate to establish a credible database of telephone subscribers.

Consequently, in line with the Federal Government’s directive, the Commission is collaborating with the NIMC towards the implementation of the mandatory use of NIN, which stipulates its use for transactions such as SIM registration, reactivation/retrieval.

Also in the course of the year, the Commission unveiled regulation on e-waste, and guidelines on disaster recovery at a stakeholder engagement forum, in Abuja.The NCC described e-waste as electrical or electronic equipment that is waste, including all components, sub-assemblies and consumables that are part of the equipment at the time the equipment becomes waste.

 

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