Faster time to market and more product innovation in store for Slovak Telekom with Oracle Communications Online Charging solution

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According to a recent news release by Oracle, Slovak Telecom has selected Oracle Communications Network Charging and Control 5.0 to expand its rating and charging capabilities and increase innovation to enable the CSP to reduce new service time-to-market and costs as well as support prepaid, postpaid and hybrid subscribers. Slovak Telekom, a subsidiary of Deutsche Telekom and the largest multimedia operator in Slovakia offers a comprehensive portfolio of multi-play data and voice services for fixed and mobile networks to individuals, households and business customers.When the migration to the new platform is complete, the solution will:

 

Support innovative campaigns and reduce time to market for new services and promotions with feature-rich online charging capabilities

Serve all prepaid subscribers, with the flexibility to evolve to a convergent charging architecture to support postpaid and hybrid billing structures

Provide industry-standard, future-proof and commercial-off-the-shelf technology that will support evolution to an all-IP infrastructure

Reduce customer impact during the transition process by enabling revenue and business continuity thanks to Oracle’s extensive migration management experience

The solution will serve as the charging foundation for Oracle Communications intelligent policy and charging solutions, which will smoothly integrate advanced analytics and second-generation policy controls with online charging capabilities, enabling full data usage monetization and improved decision-making.

 
“We chose Oracle Communications’ solution to replace our prepaid charging system due to its superior out-of-the-box capabilities to support all existing services, speed service time-to-market, lower costs and drive new revenue opportunities. Oracle Communications’ long-term product roadmap, financial stability, extensive practical experience and in-depth knowledge to manage the entire transformation project were also critical factors in our selection,” said Andrej Piňák, service platforms development senior manager, Slovak Telekom.
 
“With the growing popularity of data-based services, CSPs must create new, innovative offerings and pricing promotions to meet constantly increasing customer expectations. However, too many CSPs are currently dumping resources into simply maintaining existing legacy charging infrastructure, rather than investing in innovation. With our deep expertise and product capabilities in online charging, Oracle Communications can reduce this IT complexity and help providers, like Slovak Telekom, drive revenue growth,” said Bhaskar Gorti, senior vice president and general manger, Oracle Communications.
 
     
  Source - Oracle (Oct 7, 2013)
 
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Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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