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Nokia has begun supplying Vodafone with 5G monetization software

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Using a cloud-based agile delivery strategy that enables rating and pricing for 5G services and improves product and service delivery to customers, Nokia today announced it has begun deploying its Converged pricing (NCC) software for Vodafone in several European countries.

Vodafone is able to leverage new revenue streams from 5G services, such as network slicing and flexible product offerings, thanks to NCC, which functions as a containerized network function in a 5G standalone environment.

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The deployment covers a number of Vodafone territories in Europe, such as the UK and Italy, and it drives next-generation charging that is standardized across Vodafone networks and offers real-time rating and charging capabilities; it marks a full migration from legacy charging to next-generation next-generation techniques that are 5G-ready.

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NCC allows communication service providers to quickly and efficiently create and launch new services to market, with intuitive, drag and drop functionality.

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It is highly configurable and gives Vodafone the capacity to utilize the solution to fit consumer, enterprise, and new business models.

“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.”

Alberto Ripepi, Chief Network Officer of Vodafone, 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.”

Hamdy Farid, Senior Vice President, Business Applications at Nokia, said:
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