The sheer importance of a business’s billing solutions cannot be overstated enough. Aside from the obvious factor of producing revenue, billing systems go far beyond the actual practice of billing to receive the money that will keep a business afloat.
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How MVNOs are Staying Relevant in 2019 & Beyond
Becoming a virtual mobile network operator (MVNO) in the U.S. telecom and communications sector is a feat that not everyone can achieve successfully. Whether you are a big tech conglomerate or a famous entertainment giant, your current level of success might not be relevant in the competitive MVNO segment.
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A Delayed MVNO Launch Is Revenue Lost, Expedite with Turnkey MVNE Solutions
Timing is everything in business. A business launched at the right time can be the difference between success and failure of the venture. When it comes to the telecom industry, we are seeing a rapid growth of companies with non-telecom background starting their own MVNOs. Financial institutions like banks are the torchbearers of this MVNO revolution. But for many, this revolution has come way too late.
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What to Look for in an BSS/OSS Solution for Your MVNO
It’s expected that by the year 2020, the worldwide MVNO market’s going to be worth $73 billion, and the subscriber number will exceed 300 million, with its CAGR at 10%. One of the things that gives the MVNOs an edge over the MNOs is things like:
- Agile infrastructure
- Can offer innovative and niche products