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Value-added Service Provider. - Provided that it does not put up its own network, a VAS provider need not secure a franchise. A VAS provider shall be allowed to competitively offer its services and/or expertise, and lease or rent telecommunications equipment and facilities necessary to provide such specialized services, in the domestic and/or international market in accordance with network compatibility.
Telecommunications entities may provide VAS, subject to the additional requirements that:
(a) prior approval of the Commission is secured to ensure that such VAS offerings are not cross-subsidized from the proceeds of their utility operations;
(b) other providers of VAS are not discriminated against in rates nor denied equitable access to their facilities; and
(c) separate books of accounts are maintained for the VAS.
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