Convergent charging comes with new challenges
5G brings so many possibilities for innovation and new services. Convergent charging needs to evolve as service providers around the world plan for, introduce, and grow 5G. Ensure new cash flows are enabled by getting your charging capabilities ready sooner rather than later.
Get ready for, enable and support new and complex 5G business models, simply.
To enable real-time rating, metering and charging for an entirely new wave of 5G services and new monetization schemes, flexibility and agility are key.
Examples of the charging rules needed for 5G include: quality of service (QoS) charging, device based charging whether it’s a mobile device or an IoT device, differentiated charging based on content provider or type of content. And charging models will be heavily influenced by the role CSPs play in the ecosystem.
Read more in Ericsson Technology Review : Evolving BSS to fit the 5G economy.
To capture new 5G revenue streams, service providers must transform their existing business support systems (BSS), and develop clear roadmaps to guide this transformation. In the latest MIT Insights report, telecom executives share their vision for 5G-enabled BSS, and how they are preparing for it.