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Research and Markets: Global Telecom Consumer Billing Management Market 2015-2019 with Amdocs, Convergys, Ericsson, Huawei Investment and Holding & Oracle DominatingResearch and Markets (http://www.researchandmarkets.com/research/vks7n9/global_telecom) has announced the addition of the "Global Telecom Consumer Billing Management Market 2015-2019" report to their offering. The Global Telecom Consumer Billing Management market to grow at a CAGR of 2.03% over the period 2014-2019 Consumer billing management modules enable effective handling of all tasks and processes of financial relations with customers. These modules simplify operation of customers' accounts and provide more flexibility in invoicing with the help of multiple payment models, methods, and channels. They also provide customized billing and invoice calculation and end-to-end services to consumers. In addition, the modules help resolve billing-related disputes effectively. Increased need for higher profit margins among telecom operators is one of the key drivers of this market. Telecom operators worldwide prefer to use highly advanced versions of billing management software to minimize their revenue losses and counter fraudulent practices effectively. Further, the report states that margins of telecom operators and solution providers have declined. Therefore, they have been unable to increase their investment in telecom operation management systems. Competition among vendors in the Telecommunication industry has intensified over the years. This, in turn, has had a negative impact on solution providers' margins. To calculate the market size, the report considers the revenue generated from the sale of software, applications, services, and equipment to the ISPs and TSPs. Key Vendors Other Prominent Vendors
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