Value added services
From ACT Wiki
(VAS).
1. Telecommunications.
In telecommunications, a value added service is any non-core feature or function of the telcommunications service.
Historically, this meant any non-voice feature.
As the number of standard functions increased, the scope of value added features has expanded to include:
- Mobile data management
- Entertainment
- Security
- Smart-home energy management
- VAS revenues could exceed connectivity
- "According to Frost & Sullivan, the value-added service element of 5G could contribute more to revenues in this new sector than the underlying connectivity itself."
- BD Innovations - April 2021
