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Tag: Convergent Charging System

Drive your MVNO to Monetary Success with Accurate Billing and Charging

Mobile Virtual Network Operator (MVNO) is an important part of the telecom domain. It fulfills the requirements of specific groups of customers who do not use the services from major operators in the area. For an MVNO, it takes a long time to establish trust amongst customers. Then comes the stage when it starts earning money. But due to inaccurate and inefficient billing and charging, the monetary success can be hampered. So, it is important for MVNOs to not use mediocre and rudimentary billing mechanisms. Instead, they need to utilize a convergent charging system for greater billing accuracy and revenue assurance.

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Manage Fast Growing 5G Base Better with Evolving Billing and Charging

5G is a transformational technology with immense potential. For telecom operators, it presents a very good chance to grow their customer base. Features like network slicing, ultra-low latency and massive bandwidths are extremely attractive to customers. Whether it is your business customers or home subscribers, you will be faced with unprecedented challenges while deploying 5G. Billing and charging need to be spot-on and you can’t make any errors in calculating charges.

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Make Most of 5G Network Slicing in Healthcare with Convergent Charging System

5G network slicing is potentially the greatest innovation in the telecom industry. It provides unforeseen opportunities and can be the instigator of new business models. Connectivity is a vital asset for every business use case that is powered by technology. 5G network slicing allows for the creation of several logical networks over a single physical network. Each logical network can have its own unique characteristics such as speed, latency, security etc. The QoS-based network slicing provides unprecedented power to companies, especially those that are ready to be creative and use separate networks for supporting their different requirements. From a telecom operator’s point of view, this new technology presents a tough but rewarding challenge. Although a convergent charging system can definitely make things simpler.

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Access Defining Benefits of Convergent Charging to Revamp Telecom Billing

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.

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Transform into an End-to-End Service Provider with Convergent Charging

In 2021, the telecom industry has high hopes from 5G. The amount of options that 5G presents is endless. Never before, there has been a technology as versatile as 5G. Network slicing allows a single 5G connection to be used for multiple QoS-based networks. Also, the connectivity via 5G has the highest speed and immense potential. But the potential of 5G and other emerging technologies can only be harnessed if you monetize the services via a reliable convergent charging platform. 

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Avoid Failure at All Cost by Upgrading to Real-Time Convergent Charging

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.

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