Panellists at the 2019 Telecom Executive and Regulator Forum on Thursday, in Lagos, called for the Over-the-top Content (OTT) adoption to foster innovation in the country.
The News Agency of Nigeria reports that the TERF 2019 was pivotal to addressing issues that are confronting the telecoms and Information and Communications Technology (ICT) sector in Nigeria.
They discussed the topic: “Formulation of Policy and Regulation for OTTs: Challenges and Prospects.”
Over-the-top content (OTT) is described as a term used in broadcasting and technology business reporting to refer to audio, video and other media transmitted via the internet.
This is without an operator of multiple cable or direct-broadcast satellite television systems.
Mr Ikechukwu Nnamani, Managing Director, Medallion Communications Ltd., said that the impact of OTT was positive to both the citizens and operators.
According to him, the telecoms have generated data revenue from the use of OTT and so they need to embrace it more than fighting it.
“We need to find the best way it works for our country and focus on correcting some of the areas where people have abused it. Trying to prevent it will be going against global trend,’’ he said.
In his contribution, Mr Ibrahim Kabir, Chief Operating Officer, HD Technologies Ltd., said that OTT was a point innovation, calling for its adoption.
He said that there was need to create a regulation that would unleash the potential of digital economy so that it would create tech in agro, healthcare and others.
Mr Funso Finnih of MTN said that regulation of OTT came with mixed feelings.
According to him, getting the local players and helping them design similar OTT, so that they can compete with global players should be paramount to the country.
Mr Sonny Aragba of the Nigerian Communications Commission (NCC) said that OTT was not indigenous to Nigeria or any economy but just a global player running their business.
He said that if the country must regulate, there is need to think outside the box due to losses that would be invited.
“For the next level, NCC is going ahead to creating broadband penetration in all locations of Nigeria and when that happens, OTT will thrive in the country.
Ms Funke Opeke, Managing Director, MainOne, said that OTT was a global trend that was borderless and would help the economy grow, saying that stakeholders should tap into it to foster innovation.
Edited by Adeleye Ajayi
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