Telecom Charging System Architecture

Starting an MVNO is a good initiative to generate high revenue with good marketing skills. Maximize your earning with full MVNO solutions for budding businesses. The popularity of MVNOs is consistently on the rise. By 2018 there were more than 1,200 MVNOs all over the world, majority of which are in Europe. The number of MVNO clients is expected to double from 2018 to 2019. So if you are thinking of starting an MVNO go ahead. The following are reasons why you should start an MVNO.   How MVNOs Work MVNOs work with smaller customer groups compared to traditional mobile operators. This means their income is limited to specific segments. However, any company/individual that engages this business has the advantage of gaining other income sources. It can be a great opportunity when it is aligned with the organization’s core business. Let’s look at the example of a branded reseller model. In this case the legacy network operator offers technical services such as custom...

With the advancement of technology, the telecom industry is going through quick transitions. The workflow and requirements keep on changing according to customer and business trends. Any laxity in tending to the ongoing trends can be detrimental to a business operation, and in some cases even lead to the complete breakdown of a telecom operation. Hence, it is essential to incorporate vital functionalities into one’s telecom billing software to avoid failure at all cost.

No all telecom operators are blessed with in-house development teams that can devise new billing systems to meet the emerging requirements of their business. Some operators are still using older IN based billing systems that are not efficient at all. These systems act like a bottleneck and prevent a telecom operator from bringing his new services in the market on time. This compromises their  best laid plans  to exploit current market situations. For example, if a telco (using an obsolete billing system) wants to launch a new bundle that immediately addresses the current requirements of his subscribers, he would have to first contact the billing vendor and get the software re-built or altered. The time it takes for such an alteration may be too much and the opportunity may pass him by. Read More : https://exposetheme.socialnetworking.solutions/blog/best-telecom-billing-systems  

The Operation Support System (OSS) along with Business Support System (BSS) forms the basis of operations performed by telcos. For a longtime, the traditional BSS/OSS model has worked well for telecom operators.However, in the present, things have changed drastically.The launch of 5G and proliferation of IoT sensors has widened the playing field for telcos as they now have to deal with vast volumes of customer-generated data and at the same time offer interesting services to stay relevant in these testing times. One of the biggest challenges faced by telcos with regards to automation comes in the form of data enrichment. AI can only work its magic only if the data received from various network elements is normalized and standardized. The network data needs to have some relation with incoming demands from service orders that are active and contextual information routed through BSS. As OSS layer is the meeting point where all data insights converge, it makes sense to integrate AI ...

Stay Relevant by Employing the Right Telecom Billing Solutions There are many telecom billing solutions that cater to the requirements of telcos. However, when you are in the market for a new online billing software solution, it can be hard to find one that will work well in the present and the future. To make this selection easy, below is a list of functionalities that you should tick before investing in a new software solution: 1.    Application Program Interface (API)  No matter how good your software solution is, there will be times when you want it to do something more. As customization and replacing the software can be a huge financial liability, you might shy away from launching a new service because of your doubts about your service monetization and billing capabilities. In these scenarios, partnering with a vendor that offers APIs for different business use cases can be a blessing. APIs can help you in meeting exigent requirements instantly....

Amongst all the telecom businesses, starting an MVNO is probably the trickiest in today’s competitive world. Not only you have to fight off the competition from other MVNO companies in terms of pricing, you also have to stand out as a distinguished supplier of services. However, not all MVNO startups recognize these requirements and end up committing big mistakes that prevent them from reaching their maximum potential. Have a look at some of the come mistakes made by MVNOs and learn how to avoid them: Mistake1: Short-term planning This is probably the biggest and most common mistake made by MVNOs. In their attempt to lay their claim to fame instantly, many MVNOs make the mistake of going after the latest trends. Aping what others are doing successfully may work well for you in the beginning; however, it will not create a reputation that an MVNO requires for long-term survival in this highly competitive industry. The best approach for an MVNO is to work accordi...