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Both the deployment of LTE and the proliferation of innovative data packages offered to subscribers have resulted in the demand for charging and billing solutions that can manage the complexities that ensue. With services which offer event-based packages, OTT applications, prepaid and postpaid combined packages, shared plans, family plans and other offerings along the line require real-time convergent charging and billing system. Openet, a global leader in this segment, revealed insights on charging and billing in today’s growing digital economy, gathered from 80 operators worldwide. According to Openet, 70 percent of operators surveyed said that IN based charging systems will be replaced within the next four years with real-time online charging systems (OCS). The same goes for billing systems, with 87 percent of respondents indicating that most operators will replace existing billing solutions with real-time charging.
Charging and Billling for Digital Economy, Source -Openet
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“The introduction of LTE is driving more sophisticated charging and billing requirements that legacy infrastructures were never designed to handle,” said Chris Hoover, VP Marketing at Openet. ”As they expand their service catalog to better serve customers and compete, operators know that modern, flexible, real-time charging is critical.”
