Telenor Monetizes Fast Growing Mobile Services with Oracle
Oracle Communications' cloud native converged charging and billing solution supports telecommunications provider's mobile and next generation 5G services across Asia
AUSTIN, Texas, July 21, 2021 /PRNewswire/ -- Mobile services, from voice to video streaming, are on the rise across Asia. To support this growth, Telenor selected Oracle Communications Billing and Revenue Management, including Oracle Converged Charging to lay the groundwork for 5G and provide seamless charging and billing interactions for its 175 million subscribers in the region. This can range from an ongoing monthly subscription to a video on-demand service to mobile banking payments to large scale prepaid voice and data services.
Oracle Communications Consulting is leading the implementation and will deploy the solution in Malaysia, Thailand and Pakistan.
Delivering exceptional customer experiences
Oracle's fully integrated, cloud native digital billing and charging solution gives Telenor proven monetization and real-time rating capabilities to support any payment model (prepaid, postpaid or hybrid) and any business model, including business-to-business or business-to-consumer account structures. By selecting billing and charging from a single provider, Telenor will benefit from quicker implementation and streamlined processes to create new offers and provision customers and groups without needing to manage the risk of out-of-sync revenue systems.
In addition to powerful pricing and revenue management, Oracle's cloud native converged charging solution has been validated in rigorous performance testing on Oracle Cloud Infrastructure. It scales to very high subscriber volumes with low millisecond latency, near-linear scalability, and efficient resource utilization, all with real-world prepaid and postpaid charging scenarios.
"Telenor is recognized for its innovation and industry leadership as well as driving standards," said Jason Rutherford, senior vice president and general manager, Oracle Communications, Applications. "Oracle's integrated billing and charging provides a flexible, standards-based platform that will scale to support Telenor's large customer base today and in the upcoming 5G era."
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