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Thursday, December 31, 2020

Build an Impressive MVNO Network with Stable Telecom Functions


 

Core telecom functions are not always easy to perform for every MVNO model. As there are different MVNO type, each have their own strong and weak points. One of the weakest points of an MVNO mobile virtual network operator is its knowledge of technicalities.

They know the market aspect, but do not have a clue about how they will conduct their MVNO network operations. Due to their lack of knowledge, 9 out of 10 MVNOs shut down during the first year of their formation.

Network Sustainability Achieved with MVNO Service Providers

MVNO depends on MVNO service providers for most of its technical platform. They receive radio network from MNOs via a partnership established by MVNEs. But rest of the platform can be availed by a dedicated service provider like Telgoo5. Below are some important aspects of a telecom support platform, which can guide your MVNO towards success:

Real-time billing and quick monetization

Real-time billing is the basic foundation of a strong billing operation. If you can charge services in real-time, you can prevent revenue leakage. Also, it becomes possible to deliver consolidated invoices for every service charge. This is because a real-time platform can account for all types of services, and hence the billing can be done at a single point.

AI and reporting

Artificial Intelligence and reporting are crucial for MVNOs to learn about user behavior and preference. With AI and reporting, it becomes possible for MVNOs to develop better business strategies and compete with bigger players in the market.

Accommodation of future technologies

An MVNO is not always financially competent. It needs its early revenue to sustain itself. Therefore, it cannot afford to revamp its billing software often. Hence, it should use a telecom billing platform that allows it to stay compatible with incoming technologies. For example, right now it is crucial to stay abreast of the requirements posed by 5G and IoT, if an MVNO wants to have a good future.

API driven platform

An API can make all the difference between success and failure of an MVNO. Many functionalities can be instantly added into an existing platform if you have the relevant APIs.

Telgoo5 is a well-known telecom support platform that suits the requirement of every MVNO type in the industry. It is built for MVNOs, MVNEs, MVNAs and MNOs operating in the current market. Our platform is robust, secure and supported by a 24x7 technical support helpdesk.

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