The future of billing has arrived with the advent of convergent billing, a comprehensive billing approach that amalgamates all customer charges across diverse services and products into a single, unified platform. This groundbreaking system eliminates the need for multiple billing systems, simplifying the billing process and enhancing its efficiency. With its ability to provide real-time data analytics, businesses can gain invaluable insights to optimize revenue and make informed decisions. Join us as we delve into the world of convergent billing, exploring its benefits, challenges, and the latest trends shaping its future.

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The MVNO model has been in prevalence for more than one decade. It has been relatively successful in the developed world, which can be gauged by looking at the projected Compound Annual Growth Rate (CAGR) of over 9% between 2017 and 2022. Of late, the technology powering MVNOs in the developed world is reaching developing countries such as Thailand, India and Philippines. As a result, we are expected to see a striking change in the fortunes of MVNO in the developing countries. One of the most coveted MVNO technologies pertains to convergent billing, which is implemented by a centralized real-time charging system like Online Charging System (OCS).

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The telecom industry is growing in leaps and bounds, and if you want to be on the cusp of all of the new innovation, it’s time to consider starting your own MVNO or MNO.

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With telcos facing the heat of competition, we are seeing a marked change in their way of working. Their focus has shifted from just building up their network capabilities to enhancing the experience of customers and they are doing their level best to keep them engaged with new and innovative offerings. Given the current circumstances, a cutting-edge OCS has become par for the course.

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