As service providers seek to shape the connected society, our Open 5G suite of solutions enables them to deploy the innovative new services and benefit from new monetization models that open cloud and 5G networks allow. We were the first company in the industry to announce a 5G-ready online charging system, and our monetization solutions help service providers capture every revenue opportunity in the 5G digital ecosystem, with a variety of new one-time, subscription-based and alternative (such as loyalty, social currency and ad-supported) payment models.
Our solutions already support some of the world’s first 5G commercial services and help operators accelerate their rollout of innovative 5G services. In North America, we have conducted projects at customers around 5G network design and optimization and we also acquired TTS Wireless, a provider of mobile network engineering services with proven 5G experience, to further help service providers speed up their plans to launch 5G networks.
Providing additional validation of our progress in this domain, we were awarded Light Reading’s Leading Lights Most Innovative 5G Strategy award for 2019 and placed at the top of the Gartner Magic Quadrant for Operations Support Systems, which also includes the ability to help service providers adopt network functions virtualization (NFV) and software-defined networking (SDN).