Perpetual Communications Limited (PCL) has selected Annecto Telecom as its exclusive technical and trading partner to provide voice, data, SMS and VAS aggregation services in Nigeria.
PCL currently provides a range of VAS services, including caller ID, mobile content, messaging and other services, to mobile network operators and service providers in Nigeria and Ghana.
The company is in the process of obtaining licences to provide International Data Access for voice, data and SMS services and act as a VAS aggregator in Nigeria for VAS licence holders. These new licences will enable PCL to provide call and messaging termination services in Nigeria and establish a data interconnect network for network operators and service providers in the country.
Annecto Telecom will provide PCL with VAS products and services, including multichannel messaging, content delivery platforms and Fintech VAS services, such as biometric authentication and identification, QR code and NFC contactless payments.
As part of the agreement between the two companies, PCL will provide these new services exclusively over Annecto Telecom’s state-of-the-art telecommunications network, enabling PCL to aggregate voice traffic from over 300 active network operators worldwide and establish direct connectivity to all the mobile operators in Nigeria. Annecto Telecom will also provide PCL with switching, routing, billing, reporting and network management for these new services.
“Despite lower volumes and margins of traditional telco services, voice, messaging, data and VAS services are alive and well and still represent attractive business opportunities,” commented VJ Odedra, Group CEO at Annecto Telecom.
PCL and Annecto Telecom are also planning to provide the mobile operators and service providers in Nigeria with the technology and infrastructure to offer finance-related VAS via Annecto Telecom’s new venture VYZYO. Such services will include eWallets, full interoperability mobile money transfers, instant international remittances, micro insurance, micro loans, micro savings, mGovernment services such as social welfare disbursement, biometric authentication and identification, QR code and NFC contactless payments, and more.