The telecommunications sector is swiftly changing. As mobile devices become more integral and 5G technology advances, mobile network operators (MNOs) are presented with both promising opportunities and considerable expenses. To offset the substantial investment required for 5G infrastructure, MNOs are seeking effective strategies to monetize their new 5G services. Roaming revenue, in particular, stands to undergo significant changes.
The Current Landscape of Roaming Revenue
Historically, roaming has been a profitable revenue source for MNOs. Traditional schemes like “roam from home” have increased global roaming traffic, though the financial returns have been modest. With global travel recovering and businesses aiming to expand internationally through next-gen applications like the Internet of Things (IoT), new revenue prospects are emerging.
The integration of 5G and IoT introduces fresh avenues for roaming revenue. 5G’s network slicing enables MNOs to offer customized services and premium options, while IoT devices are expected to drive new demand for roaming services. These innovations are ideal for boosting 5G revenue potential.
Unveiling Billing and Charging Evolution (BCE)
Billing and Charging Evolution (BCE) is now the pivotal standard for 5G roaming. Traditional billing systems, such as Transfer Account Procedures (TAP), are proving too rigid for the complexities of IoT and the varied use cases of 5G. BCE, introduced by GSMA, offers a more adaptable and streamlined solution.
BCE supports wholesale roaming for 5G and IoT, allowing MNOs to implement innovative billing models and commercial arrangements, including volume-based and tiered pricing. It provides the flexibility needed for extensive partner networks and helps standardize billing practices across different regions. BCE represents a significant improvement, offering a more transparent and efficient system suited to next-generation network demands.
Alliance Telecom, a leader in clearing and settlement technology, has been instrumental in the advancement of BCE. With over 30 years of expertise, we assist MNOs in achieving BCE compliance swiftly and effectively. Our process begins with analyzing data clearing traffic to identify monetization opportunities tied to growth applications.
Our Universal Commerce for BCE solution simplifies the compliance process by customizing features to meet each MNO’s specific requirements. Leveraging blockchain technology, it ensures clear audit trails and includes all necessary functions: mediation, validation, reconciliation, rating, and billing.
The future of roaming revenue is filled with both challenges and exciting possibilities. By embracing cutting-edge technologies and customer-centric approaches, MNOs can transform their strategies for roaming revenue and drive significant growth.
