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Court returns 249 million to Tim

Preventive seizure in VAS case cancelled

Redazione Ansa

(ANSA) - ROME, APR 29 - The Court of Milan is returning to Tim the EUR 249 million it had previously seized at the end of February as part of the investigation into a maxi scam through telephony services, for so-called 'Value Added Services (VAS), judicial sources said Monday.' Tim had challenged the proceedings and now the Court has annulled the preventive seizure decree and will file its grounds within 30 days.
    Value added services (VAS)in mobiles means those services that are offered by telecom service providers to customers beyond the core services like SMS, voice and data. The services may either be free / chargeable. The major areas where VAS are provided include entertainment, e-commerce, sports, etc. (ANSA).
   

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