Press Release
Nokia starts deploying 5G monetization software for Vodafone
- Deployment of Nokia Converged Charging (NCC) solution to drive Vodafone's migration from legacy charging to 5G monetization
- Deployment furthers Vodafone's digital transformation and increases operational efficiencies
1 August 2023
Espoo, Finland - Nokia today announced it has started deploying its Converged Charging (NCC) software for Vodafone in multiple European countries, leveraging a cloud-based agile delivery model that enables rating and charging for 5G services and enhances product and services delivery to customers.
NCC operates as a containerized network function in a 5G standalone environment and allows Vodafone to tap new revenue streams from 5G services, including network slicing and flexible product offerings.
Deployment spans several Vodafone markets in Europe, including the UK and Italy, and drives next generation charging standardized across Vodafone networks and provides real-time rating and charging capabilities; it represents a full migration from legacy charging to 5G-ready next generation methods.
NCC allows communication service providers to quickly and efficiently create and launch new services to market, with intuitive, drag and drop functionality.
It is highly configurable and gives Vodafone the capacity to utilize the solution to fit consumer, enterprise, and new business models.
Alberto Ripepi, Chief Network Officer of Vodafone, said: "5G enables many new services and with this new system, new ways to charge for them. By leveraging the scale of our pan-European and African networks, we can help customers manage factory equipment, open developer marketplaces using our APIs, and enable enterprises to offer bespoke products to their own customers."
Hamdy Farid, Senior Vice President, Business Applications at Nokia, said: "We are pleased to be furthering our relationship with Vodafone through the roll-out of Nokia's Converged Charging solution. As advanced 5G services start to become more widespread, our Converged Charging solution is very well-placed to help communication service providers and enterprises drive innovative 5G use cases and business models, and deliver significant operating efficiency improvements."
Resources and additional information
Webpage: Nokia Converged Charging
Brochure: Nokia Monetization Systems:?Monetize the 5G economy
Blog: 3GPP enabling new monetization capabilities
Blog: CNF Charging and 3GPP R16 become a reality with NCC 21.0 release
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