Nokia Updates 5G Billing System

Nokia Updates 5G Billing System

Foto: Fotolia

Nokia unveiled a charging configurator microservice for its existing Nokia Converged Charging (NCC) monetization solution. It will enable Communications Service Providers (CSPs) to create new charging logic and service offers and move faster to market when configuring new and innovative 5G services.

The solution utilizes an intuitive business user interface with drag and drop functionality and natural language statements to create new pricing and market offers, without the need for any coding. With pre-integrated and flexible charging rules, the enhanced NCC solution allows CSPs to keep up with evolving customer needs to monetize any service that can be measured, such as network slices and enterprise and consumer IoT offerings, which in turn unlocks new revenue streams for operators.

Leveraging cloud native containerized microservices, NCC supports ultra low-latency, high frequency charging. NCC fully supports 3GPP and leverages industry standards including TM Forum Open APIs to minimize the time required to on-board new customers. Nokia’s charging solutions support leading CSPs and over 1 billion subscribers across the globe. It will be deployed to existing NCC customers, including Sunrise, Taiwan Star Telecom and several global tier one CSPs, in October.

“With this enhancement to our Converged Charging solution, we are putting the power in the hands of the business to create and monetize new innovative services rapidly. Without the need for coding, CSPs have the needed flexibility to evolve their network and meet the needs of subscribers,” said Hamdy Farid, Senior Vice President for Business Applications, Cloud and Network Services at Nokia.

More from category

Aging-In-Place with the Help of a Smart Service

Aging-In-Place with the Help of a Smart Service

26 Jun 2022 comment

Navigil, a company focused on digital services in the social and health care sector, has developed a solution that enables older people to live longer safely, and independently in their own homes.

Samsung Launches Mobile Wallet

Samsung Launches Mobile Wallet

20 Jun 2022 comment

Samsung announced its new digital platform that will integrate with its Pay and Pass apps.

Successful Pilot of Smart Remote Reading of Water Consumption

Successful Pilot of Smart Remote Reading of Water Consumption

16 Jun 2022 comment

Hrvatski Telekom and Đakovački vodovod successfully piloted the project of smart remote reading of water consumption.