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Showing posts with the label Convergent Charging System

Leave Nothing to Chance in MVNO Billing with Convergent Charging Solutions

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  MVNO (Mobile Virtual Network Operator) is an essential player in the telecom domain. It serves people who are unable or don’t want to get their services from MNO (Mobile Network Operator). MVNO capture the market share that is untapped by major MNOs in the region. As many people find MNO services not in line with their vision or too expensive, they switch to MVNO. However, the   MVNO   domain is very competitive and one needs to be excellent in customer-facing tasks to achieve success. Convergent charging bolsters the billing performance, and hence, becomes essential for successful MVNO operations. Make Your Weaknesses Your Strengths The biggest weakness of an MVNO is their inability to source Radio Access Network (RAN). Even the biggest MVNO players do not have the finances to acquire RAN from regulatory bodies. Hence, they broker a deal via  MVNE  and  MVNA , which source the RAN from MNO and distribute it amongst their partnering MVNOs. MVNOs have a li...

Defining Benefits of Next-Gen Convergent Charging System

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  Telecom billing has a very important role to play in driving the success of modern-day telecom operators. Due to Covid-19, businesses are experiencing stagnation. So, if you want to stay competitive and increase your customer base, it is the right time to improve your service model. With a  convergent charging  platform, it is easier to digitalize services and monetize assets. Especially if you can find a proven platform that is secure, flexible and completely scalable. Grow Faster Than Your Ever Anticipated with New-Age Billing and Charging Many telcos who haven’t cracked the code of rapidly developing telecom technology often wonder where they are going wrong. The cost of expensive  billing and charging  platform deters them from employing cutting-edge functionalities and they remain stuck with obsolete solutions. As a result, the progress is always hampered and they lose out to the competitors. They don’t even know the possibilities of convergent charg...

Inspire Innovation with a Creative Billing and Charging Platform in 2021

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  Tough competition beckons in 2021 as companies strive to get out of the rut that was 2020. After the hiccups of   Covid-19   pandemic, it is the right and possibly the only time, to maximize revenue for both MNOs and MVNOs. One of the most fundamental requirements for showing innovation in telecom service delivery is by improving the   billing and charging   functions. Move to Convergent Charging System for Best Results In order to stay progressive and bring in creativity, you simply need to have the right tools for the job. A  convergent charging system  serves as centralized place to charge every transaction. What it means is that you are not only able to charge every service but also monetize plans with a combination of distinct/disparate services. An interesting combination of different services is more likely to appeal to the subscribers. You can also offer a wide range of discounting schemes to attract customers to certain packages. Another thi...

Solve Complex Telecom Business Issues with Convergent Charging

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Enforce policies better and immediately win subscribers’ trust with convergent charging. A real-time online charging system offers convergence in billing and allows you to integrate complex tariff plans easily. Incorporating new services and attractive bundle packages becomes simple and you are able to exploit market trends by launching plans quickly. Convergence allows you to keep up with the emerging technology and fulfil new customer demand whenever they arise. Convergent charging is a concept that all businesses in the telecoms industry need to familiarize themselves with. In the simplest of explanations, this  type of charging method  allows providers to consolidate all of their rendered services into one solo platform.

Prevent Revenue Losses by Setting up a True Real Time Charging System

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To say that the telecom sector is full of competition is quite an understatement. Apart from the prominent service providers , you also have a plethora of mobile virtual network operators (MVNOs) that offer their services at highly affordable rates. Real Time Charging System If you run one such network, you would know how difficult it is to meet your bottom line in this environment. Unhappy customers can switch to a different provider at a moment’s notice. But happier clients are just as tricky when it comes to maintaining brand loyalty . You need to keep offering state of the art solutions that excite your customers and keep them from leaving your service for a competitor. An essential service such as real time charging can prove quite handy in appealing to your clients. With its transparent billing , minimal errors, and faster service, a real-time charging system is precisely what you need to bring your services to the forefront in your customer’s minds. What is Rea...

Why You Need Convergent Charging to Maximize Telecom Profits?

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The rapid changes in the telecom industry have made the task of telcos extremely difficult. The disruption caused by the increased use of OTT (over the top) services has been a huge factor in the diminishing profits of some of the biggest telecom operators across the globe. To make up for the lost revenue, telecom companies are looking to launch new services across different verticals. However, managing such an effort is not simple, not unless you have best telecom billing systems at your disposal. Make the Most of Telecom Billing Services to Launch New Services Fast 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 ...

Master The Art Of Convergent Charging With These Tips

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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.

MVNE System - Quickly Track your Telcom offerings

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Is your MVNE backing you off or not ready to develop as quick as you might want, Telgoo5 offers both adaptability and convenience. With such a large number of alternatives worked in your opportunity to market will be incredibly short.  At Telgoo5 we pride ourselves on being even more an accomplice than a merchant. Accordingly, we ensure that we plan normal calls with our telecom accomplices to ensure that they are advised of everything that we are doing at each phase of the game . Each MNO or MVNO is doled out an agent that has private information of their business and extreme objectives. This enables us to help them starting from the earliest stage, and have the option to help with any scaling needs continuously. We realize that scaling is a standout amongst the most testing occasions for any business, and we pride ourselves on giving out-of-the-case arrangements and an adaptable and strong stage to enable organizations to scale easily.  With CDR-based char...

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...

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...