MVNA

The mobile telecom industry is intricate and filled with several players. It might occasionally be challenging to comprehend what they actually accomplish and how they bring worth. MVNOs will be able to build B2B and B2C services and will have access to cheaper rates in the telecom wholesales sector. They can, for instance, develop exclusive deals for IoT. (data only). The MVNO will charge the customer. In actuality, the MVNOs are mostly just a different MNO brand. MVNAs rely on the MNOs they collaborate with. For instance, it’s doubtful that an MNO will want to engage closely with MVNAs if they wish to have direct contracts with each MVNO they enable.

Take a Modernized Approach to Billing and Charging with Next-Gen OCS

In today’s time, telecom industry is going through one transition after another. 5G launch and IoT’s mass employment has made telecom functions very complex. But they can be streamlined well if you have a convergent charging platform that offers real-time performance.

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Important Functions of Convergent Charging and How it Helps

Whether you are MVNO, MVNE or MNO, a convergent charging platform is essential for proper billing and charging. It performs many essential functions such as:

https://social.heyluu.com/read-blog/28702

Consolidated billing

https://www.article1.co.uk/Articles-of-2020-Europe-UK-US/take-modernized-approach-billing-and-charging-next-gen-ocs
A convergent charging platform charges every transaction at a single point, which allows you to create a single unified bill that reflects every service charge. Hence, you can put down IoT, 5G, broadband and call charges on a single invoice. This step from your end brings convenience and comfort to the users.

Faster distribution of services

https://www.fuzia.com/article_detail/276084/improve-billing-and-charging-at-every-step-with-ocs-system

Real-time performance of online charging system ensures quick service monetization, which allows you to bring your services quickly into the market before your competitors.

Complete revenue assurance

https://kruthai.com/read-blog/25514

An OCS is very accurate in terms of calculation of charges, which is very important in terms of revenue assurance. Customers get exactly what they have paid for, which allows you to build trust and reliability within your customer base

Source

https://www.fortunetelleroracle.com/news/take-a-modernized-approach-to-billing-and-charging-with-next-gen-ocs-330892

Inspire Innovation with a Creative Billing and Charging Platform in 2021

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 thing that an Online Charging System offers is simplicity and intuitiveness. It is way simpler to organize a system that lets you calibrate all services via a single platform. Every player in the market – MNO, MVNE, MVNA and MVNO – can be served better with a fully-functional Online Charging System (OCS). In short, a dynamic OCS is the most pressing requirement of 2021.

Real Time Rating System For Real MVNO Success

For an MVNO to succeed in the highly competitive telecom market of today, it is essential to bill the customers accurately. At Vcare, we offer a real time rating system that is well-equipped to charge and rate any type of service. Our OCS serves as the single point of charging and allows for convergent billing. It can charge the services according to sessions and events while enforcing credit limits appropriately. It prevents customers from exceeding their allotted quota and also ensures high transparency in the billing process. The OCS is based on the cloud and is a highly secure platform for the billing of prepaid, postpaid, broadband and streaming services.

Source : https://tinyurl.com/qr96tdx

How to Launch an MVNO – A Great Business Opportunity

Launching a MVNO (Mobile Virtual Network Operator) is a very complex task involving the investment of many millions of dollars. It is seen by many as superb business opportunity, perhaps the route to making a multi-million dollar fortune. However many people fail along the way; some lose hundreds of millions of dollars of investors’ funds.

The starting point to a successful MVNO is a strong consumer proposition. The proposition must be differentiated and have strong appeal to a selected target group of consumers. Often extensive market research is performed to verify the appeal of the proposition.

Next one needs to understand the end to end economics, how much will the consumers be willing to pay, what is the traffic mix, how much will distribution cost and what will the subscriber acquisition cost be. Finally is there a viable business case?

Once these questions have been answered you are ready to approach mobile operators in order to obtain the most valuable asset for an MVNO, a wholesale airtime agreement. If successful you then start the process of building your MVNO platform, sometimes an MVNE (Mobile Virtual Network Enabler) may be used to give a time to market advantage. Vcare are often quoted as saying that one should not start deploying systems until one is certain of a MVNO agreement.

Launching the MVNO comes as a reward for many months of hard work, however the launch process is often not easy, One can reduce the risk of launching a MVNO by using skilled MVNO consultants.

Source : https://ocssystem.blogspot.com/2020/01/how-to-launch-mvno-great-business.html

Starting your own MVNO Made Easier with Real-Time OCS

Smoothen the process of starting your own MVNO with real-time billing solutions. Our billing platform is founded upon an Online Charging System (OCS) that charges all transactions on real-time basis.

The first step involves an intimate understanding of a particular set of clients. Access to detailed client information will help you better tailor services to suit their needs. For example, this can be bundling third-party digital services, tailored pricing and offering specific communication services to create an unparalleled service experience.

Source : https://tinyurl.com/s34mcvz

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

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.

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 Real Time Charging?

Real-time charging solutions help you actively charge your customers for the services they use. As the name suggests, these charges will incur in real-time, which in other words means that your customers are billed as they use any services, as opposed to being billed after they have used a service.

It might seem like a small difference at first, but real time charging can revolutionize your billing for the better. Among other advantages, it provides benefits such as a smarter network, accurate billing, and efficient services.

However, as a MVNO, it isn’t always easy to set up a real-time charging system that successfully delivers on all expectations. You need to be careful about what kind of real-time charging solutions are you enabling for your network. That’s why it is essential to keep the following points in mind while setting up real time charging systems.

Check If It Supports Convergent Billing

The first thing that should be on your mind is to set up a real-time charging system that holds the latest technologies within it. While any real time charging mechanism will allow you to deduct accurate charges, some variations are more effective than others.

For instance, a convergent real time billing system doesn’t only help you automate your charges. It also consolidates them for better management and accounting.

Through a convergent real time billing system, your customers don’t have to pay for different services or accounts on an individual basis. While they still get charged in real time, their charges come consolidated in a single bill.

This makes it easier for customers to pay for different subscriptions and even accounts. It also sets your service apart from operators who do not offer this feature.

Learn the End Charges for Yourself

Before you enter into a contract for real-time charging solutions, make sure that their actual charges do not cost you a fortune.

This is highly important if you are looking at long term growth for your network while also providing efficient billing services to customers.

Make sure that you are comparing different providers’ charges and services side by side before making a decision. Those who are confident in their services will also be able to answer any questions you have, so don’t shy away from having your team gather the answers that you require.

This method helps you find a real-time charging system that can serve as a long-term solution for business. It goes a long way by managing your costs while providing state of the art services to your customers.

Obtain Your Services From a Reliable Provider

Another elementary yet very crucial aspect is to obtain your real time charging services from a reliable provider.

You should look for a provider that has been operating in the industry for a while, has a track record of serving other networks and MVNOs, and holds a credible reputation for using the latest technologies.

This makes sure that you are not handing your network’s fate into the hands of a sub-par infrastructure. Rather, you are paying for services that make a difference for your network’s service. This approach also gives you the confidence that you are setting up your real-time charging solutions with the latest advancements.

At (v)WeCare, we offer state of the art, cloud-based online charging solutions that are built to scale any network’s services to the next level. With automated billing, access-based controls, and native CRM, we can provide you and your customers with the level of service that you are looking for today.

Whether you are ready to move to our real-time charging system right away or if you have any questions regarding the efficacy of our services, don’t hesitate to reach out to us today. We will be glad to answer your inquiries and provide you with solutions that fit your needs the best.

Source : http://www.techpublishnow.com/real-time-charging-system/

Getting MVNO Solutions That Work

Integration of AI in OSS offers tremendous benefits to an operator. The rightful integration can help telcos in:

Customer retention
Customer behavioral modeling
Fraud detection
Better customer experience management

The AI should be native to the OSS for providing a central tenet for complete digital transformation. It allows all the information generated by the system to be acted upon in a single step. There would be no silo formation and the decisions will be taken in the light of complete information.

Source : https://tinyurl.com/vbcz9zj

The Ultimate Guide To MVNO

The popularity of MVNOs is consistently on the rise. By 2018 there were more than 1,200 MVNOs all over the world, majority of which are in Europe. The number of MVNO clients is expected to double from 2018 to 2019. So if you are thinking of starting an MVNO go ahead. The following are reasons why you should start an MVNO.

How MVNOs Work

MVNOs work with smaller customer groups compared to traditional mobile operators. This means their income is limited to specific segments. However, any company/individual that engages this business has the advantage of gaining other income sources. It can be a great opportunity when it is aligned with the organization’s core business.

Let’s look at the example of a branded reseller model. In this case the legacy network operator offers technical services such as customer service, billing, network functionality, customer activation and radio access. The MVNO is left to focus on communication, branding, sales and distribution, and marketing.

The model will create value proposition and a new face for clients using an existing network. A full MVNO, on the other hand, handles all functions apart from radio access. It cannot handle radio access since it does not have a license to do so.

These different models mean that revenue is divided differently. Different models mean there is no definite revenue sharing structure. Majority can be used interchangeably as long as the MVNO is operational. This is because the operator may switch from a full MVNO to a branded reseller and vice versa.

There are Mobile Virtual Network Operators that have a revenue-sharing model that is determined by percentage of earnings. In this scenario, an operator will share a specific percentage of their after tax earnings, paid by MVNO clients. As the functions by the MVNO increases, the percentage of revenue shared increases.

Creating a wholesale agreement with a legacy operator is another option. In this case the MVNO can purchase SMS, data and voice minutes on a wholesale basis, then resells the same to the customers. Some prefer to operate with a revenue-per-subscriber model. This is where the legacy operator pays the MVNO an agreed upon amount for every subscriber they bring to the network.

Benefits of an MVNO

MVNOs as subsidiaries of retailers have the ability to enjoy additional revenue. Earnings are increased when subscribers visit their stores to top-up their accounts, sign a new deal or have plan questions. Once a subscriber is in a store, they may make planned-but-postponed or impulsive purchases.

Retail MVNOs, as a result of knowing their clients better using newly available subscriber data, can offer products that are more relevant to their customers. Such MVNOs can offer each subscriber incentives based on their telecommunication usage and shopping patterns. The result is a higher lead to sales conversions.

Conclusion

Starting an MVNO is a good business decision. More and more telecommunication subscribers are using MVNOs. This means there is no limit to the number of subscribers you can get. If you want to start one, contact Tegloo5 today. They will provide you with the best options and support to kick-start your MVNO business.

Fact: Quality Online Billing Software Holds Key to the Success of MVNO Model

The evolution of the O/BSS system is a clear indication of the transformative changes in the telecom industry. The rise in number of technologies and a concurrent increase in the number of users have created a situation where traditional O/BSS model fails miserably. No longer can you rely on OFCS (Offline charging system) or IN for performing postpaid and prepaid billing. Today’s requirements can only be fulfilled by using cutting-edge OSS telecom billing software that employs a centralized charging system for charging and rating all services, and that too in real-time.

Stay Relevant by Employing the Right Telecom Billing Solutions

There are many telecom billing solutions that cater to the requirements of telcos. However, when you are in the market for a new online billing software solution, it can be hard to find one that will work well in the present and the future. To make this selection easy, below is a list of functionalities that you should tick before investing in a new software solution:

Application Program Interface (API) – No matter how good your software solution is, there will be times when you want it to do something more. As customization and replacing the software can be a huge financial liability, you might shy away from launching a new service because of your doubts about your service monetization and billing capabilities. In these scenarios, partnering with a vendor that offers APIs for different business use cases can be a blessing. APIs can help you in meeting exigent requirements instantly. For example, if you do not have a particular partnership in place, you can install an API from your vendor to use its pre-existing partnerships.

2. Convergence in Billing – Transparency in billing is possible only if you have convergent telecom billing solutions that use a centralized charging system like an Online Charging System (OCS). An OCS charges all the services at a single location and allows you to prepare a single invoice that reflects all the usage charges for all services. Convergent billing is also beneficial for your customer care department as they are able to access all the records of customers from a single location and resolve queries in a better way.

3. Scalability – Your billing requirements may skyrocket at any given instant. And, if this happens and you are not prepared to scale according to the rising needs, you are likely to incur losses or go out of business. Therefore, you should ensure that your vendor is able to provide multi-tenant and scalable OSS telecom billing software.

4. Reporting and Analytics – Gone are the days when you could use guesswork to create strategies. In today’s highly competitive world, any wrong strategy can put your business in jeopardy. Therefore, you require concrete insights, which can be delivered by an analytics-powered telecom billing solutions. Also, you should partner with a vendor that can provide you complete reporting of all the transactions, so you can analyze your work better. At the least, you need a slave database that is updated by a master database like the one offered by Telgoo5 – a popular telecom billing software.

5. Safety of Data – A telecom operator or a virtual operator that adheres to any type of MVNO model simply cannot afford to lose business-critical subscriber data. Therefore, it makes good sense to invest in a cloud-based telecom billing solution that stores data at different datacenters.