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Showing posts with the label Cloud Base Charging System

Do You Need A Online Charging System For MVNO?

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When a customer receives a bill that he did not expect, it is called a bill shock. Too many bill shocks and you, as an operator,  risk losing your customers . The situation is particularly grim for  MVNO  when it comes to bill shock. As they already have a smaller number of subscribers when compared with MNOs, a loss of customers can be back breaking for their business. After analysis, it has been proven that a faltering OCS is mostly the cause of bill shocks. Transform Your Fortunes with a Better OCS Your OCS directly dictates how well you are able to monetize your services and bill the subscribers. Therefore, you should always  pay special attention  to your billing software and especially the OCS. Below are some essential functions that you should look for in your  OCS system . Convergence  – The constant increase in the number of services offered by mobile operators has created a need for convergence in billing. Customers simply abhor t...

Brace Up to the New Challenges with Convergent Billing and OCS System

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The commercial success of the Online Charging System (OCS) deployed by telcos is a testament to the ever-evolving telecom billing technology. Not so long ago, it was hard to fathom how telcos will be able to accommodate so many new offerings (like 2G, 3G,4G, VAS, OTT etc.) as part of their service. But with consistent development, we are at a juncture where we see convergent billing and real-time charging making things simpler than ever before for both customers and the operators. But the work of telcos has not ended yet. With 5G and even 6G beckoning; and IoT becoming the next big thing in the market, the time to evolve has only just started. The Age-Old Formula of Success Before we go any further and analyze what the future holds for the telecom industry, it is best to first look at the basic formula that has worked so well for telcos. It has always being the ability to adapt one’s billing according to the services that need to be offered, which has driven MNO...

The Four Pillars of Modern-Day Telecom Industry: MNO, MVNO, MVNA, and MVNE

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The modern-day telecom industry is going through transitions faster than ever before. Addressing the demands of finicky customers, fighting off the competition at every step of the way and countering the threat of OTT platforms is proving too much to handle for even seasoned telecom operators. This is the main reason why they are trying to maximize their outreach in every way possible. As a result of their efforts, new platforms for telecom service delivery have being created in the form of: MNO, MVNO, MVNA , and MVNE. Why MVNOs Have Become so Popular? While an MNO (Mobile Network Operator) builds his operation from the scratch and make investments in creating network infrastructure, radio frequency spectrum, HLR, VLR, BSC, MSC, OSS etc., an MVNO (Mobile Virtual Network Operator) receives frequency spectrum and network resources at a cheaper rate from MNOs (Mobile Network Operators). This allows it to sell its telecom services at a lower rate and attract new customers. ...

Why Switch to a Versatile Telecom Charging System?

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Not so long ago, voice calls and SMS were the staples of the telecom industry. Subscribers were happy as long as they could make high-fidelity voice calls and telecom operators were content with the profits they were making. However, nothing in this world stays stagnant, especially not when technology in the industry is  moving at a rapid rate . With the launch of newer technologies and features, the competition between telcos sky-rocketed. As more and more operators got into the mix, the profits started receding. Right now, the race is to launch newer services and better plans. And, to win this race,  telecom operators  need a telecom charging system that can help them  bring their offerings quickly  to the market. Increasing Complexity in Modern-Day Telecom Charging   Telecom charging  systems of yesteryears did exactly what they were devised to do. They kept track of calls and SMS along with charging, rating and billing for the ser...