Convergent charging

Nokia starts deploying 5G monetization software for Vodafone

Retrieved on: 
Tuesday, August 1, 2023

Espoo, Finland – Nokia today announced it has started deploying its Converged Charging (NCC) software for Vodafone in multiple European countries, leveraging a cloud-based agile delivery model that enables rating and charging for 5G services and enhances product and services delivery to customers.

Key Points: 
  • Espoo, Finland – Nokia today announced it has started deploying its Converged Charging (NCC) software for Vodafone in multiple European countries, leveraging a cloud-based agile delivery model that enables rating and charging for 5G services and enhances product and services delivery to customers.
  • NCC operates as a containerized network function in a 5G standalone environment and allows Vodafone to tap new revenue streams from 5G services, including network slicing and flexible product offerings.
  • It is highly configurable and gives Vodafone the capacity to utilize the solution to fit consumer, enterprise, and new business models.
  • Alberto Ripepi, Chief Network Officer of Vodafone, said: “5G enables many new services and with this new system, new ways to charge for them.

Nokia Converged Charging software selected by Hrvatski Telekom to boost network monetization

Retrieved on: 
Tuesday, March 7, 2023

Espoo, Finland – Nokia today announced that its Converged Charging software solution has been selected by Hrvatski Telekom to help the Croatian operator modernize on-line charging and better harness network monetization opportunities that can unlock new revenue streams.

Key Points: 
  • Espoo, Finland – Nokia today announced that its Converged Charging software solution has been selected by Hrvatski Telekom to help the Croatian operator modernize on-line charging and better harness network monetization opportunities that can unlock new revenue streams.
  • The deal expands Nokia’s partnership with Hrvatski Telekom, which already uses a variety of other Nokia products, including its Voice Core and other software applications.
  • As a containerized, microservices-based solution, Nokia Converged Charging (NCC) will provide real-time rating and charging of voice, data, and SMS/MMS services used by Hrvatski Telekom prepaid and postpaid subscribers.
  • Erez Sverdlov, Vice President, Cloud and Network Services Market Leader, Europe at Nokia, said: “We are very pleased to be supporting Hrvatski Telekom with new capabilities in order to drive network monetization opportunities.

World 5G Convergent Charging Systems Market Report 2021: A New Paradigm for Telecoms Monetisation Platforms - ResearchAndMarkets.com

Retrieved on: 
Thursday, April 15, 2021

b'The "5G Convergent Charging Systems: a New Paradigm for Telecoms Monetisation Platforms" report has been added to ResearchAndMarkets.com\'s offering.\nIncumbent charging engines are incapable of supporting 5G use cases, so CSPs must accelerate their deployment of 5G-ready convergent charging systems to effectively monetise standalone 5G.\n3GPP has defined a framework for charging in standalone 5G, which follows a radically different approach to tracking and charging for events.

Key Points: 
  • b'The "5G Convergent Charging Systems: a New Paradigm for Telecoms Monetisation Platforms" report has been added to ResearchAndMarkets.com\'s offering.\nIncumbent charging engines are incapable of supporting 5G use cases, so CSPs must accelerate their deployment of 5G-ready convergent charging systems to effectively monetise standalone 5G.\n3GPP has defined a framework for charging in standalone 5G, which follows a radically different approach to tracking and charging for events.
  • Communications service providers (CSPs) will need to deploy new charging systems to monetise standalone 5G use cases because existing systems will not be able to support new requirements.\nInsight into the key considerations for CSPs as they assess vendor solutions.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210415005450/en/\n'

Nokia launches innovative cloud charging solution on AWS for CSPs

Retrieved on: 
Tuesday, April 6, 2021

Nokia leverages AWS Well-Architected Framework to support ultra low-latency, high frequency charging

Key Points: 
  • Nokia leverages AWS Well-Architected Framework to support ultra low-latency, high frequency charging
    Nokia Converged Charging solution features distributed deployment, active/active availability and geo-redundancy across regions specifically for AWS deployments.
  • Espoo, Finland Nokia has today announced the deployment of its cloud-native convergent charging solution on Amazon Web Services (AWS) to accelerate communications service providers (CSPs) migration of business-critical, high frequency charging applications to the public cloud, and to deliver the benefits of the cloud for 5G.
  • This announcement, which builds on an existing relationship with AWS, enables CSPs to efficiently run workloads on AWS and pioneer new monetization schemas as part of their journey towards deploying business support systems (BSS) in the public cloud.
  • Were pleased to be furthering that process with Nokia Converged Chargings deployment on AWS.

CSG Selected by MTC to Lead Business Transformation Efforts

Retrieved on: 
Wednesday, May 27, 2020

CSG (NASDAQ: CSGS) announced it has been selected by Mobile Telecommunications Ltd (MTC), Namibias leading mobile operator, to lead their business transformation efforts.

Key Points: 
  • CSG (NASDAQ: CSGS) announced it has been selected by Mobile Telecommunications Ltd (MTC), Namibias leading mobile operator, to lead their business transformation efforts.
  • As one of MTCs transformation business partners, CSG will deliver an agile, future-proof technology stack that provides personalized customer experiences across multiple devices and channels.
  • To further MTCs transformation efforts, CSG will provide a comprehensive solution that includes realtime charging, convergent billing, product catalog, customer and revenue management.
  • The solution also will help MTC respond to inquiries, take orders, effect changes, handle trouble tickets, manage payments and perform collections.

Global Telecom Billing Outsourcing Market 2020-2024 | 6% CAGR Projection Through 2024 | Technavio

Retrieved on: 
Wednesday, February 26, 2020

The global telecom billing outsourcing market is expected to post a CAGR of almost 6% during the period 2020-2024, according to the latest market research report by Technavio.

Key Points: 
  • The global telecom billing outsourcing market is expected to post a CAGR of almost 6% during the period 2020-2024, according to the latest market research report by Technavio.
  • To overcome such challenges, telecom operators are increasingly outsourcing the billing process, which is driving the growth of the market.
  • Global Telecom Billing Outsourcing Market: Rising Popularity of Convergent Billing
    Telecommunication companies are increasingly adopting convergent billing solutions to provide personalized offers and deals at attractive prices.
  • Global Telecom Billing Outsourcing Market: Segmentation Analysis
    This market report segments the global telecom billing outsourcing market by geography (APAC, Europe, MEA, North America, and South America) and customer type (wireless and fixed line).

Global Telecom Billing Outsourcing Market 2020-2024 | Evolving Opportunities with Accenture Plc and Amdocs Ltd. | Technavio

Retrieved on: 
Friday, October 25, 2019
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20191025005252/en/
    Technavio has announced its latest market research report titled global telecom billing outsourcing market 2020-2024.
  • In addition, the rising popularity of convergent billing is anticipated to boost the growth of the telecom billing outsourcing market.
  • The company offers telecommunication billing outsourcing services through its managed services that include providing IT support, billing, and print operations required to run a complete billing service.
  • Technavio's SUBSCRIPTION platform
    Telecom Billing Outsourcing Customer Type Outlook (Revenue, USD Billion, 2020 - 2024)
    Telecom Billing Outsourcing Regional Outlook (Revenue, USD Billion, 2020 - 2024)

KT Swiftly Grows Subscribers Base for One of the First 5G Commercial Services Globally, With Amdocs' Service Monetization Solution

Retrieved on: 
Wednesday, May 15, 2019

The future-ready Amdocs Service Monetization solution was initially deployed to support KT 4G services and is now supporting KT 5G services.

Key Points: 
  • The future-ready Amdocs Service Monetization solution was initially deployed to support KT 4G services and is now supporting KT 5G services.
  • As a result, KT is able to launch and monetize new and innovative services faster, accelerating the adoption and growth of 5G services.
  • With the successful launch of one of the world's first 5G services, KT is able to offer faster communication services with low latency to both enterprises and consumers.
  • Amdocs' Monetization solution leverages convergent charging capabilities including distributed architecture to accelerate monetization of these new services from creation of novel offers to streamlined charging for both consumers and enterprises.