NetCracker Technology announced today that Sri Lanka Telecom (SLT) has upgraded its NetCracker Revenue Management, Interconnect and Mediation solutions to enable the service provider to rapidly respond to evolving market conditions. At the same time, the upgrade will enable SLT to put in place a seamless, end-to-end revenue management process and accelerate time-to-market for new services, bundles and agreements.
According to NetCracker, by consolidating and upgrading SLT's rating, billing, mediation and interconnect solutions into its next-generation Revenue Management solution, the Sri Lankan service provider can experience a number of new opportunities. These include the ability to compete more aggressively with other operators' to introduce new pricing, rating and billing configurations with ease, to reduce time-to-market for new services and to significantly streamline revenue management operations.
Dileepa Wijesundera, Group CEO of Sri Lanka Telecom
Our longstanding partnership with NetCracker validates the comprehensive functionality of its cutting-edge BSS offerings. I believe these Revenue Management, Interconnect and Active Mediation solutions will enable us to personalize customer-centric offerings and improve customer satisfaction. Combining our business expertise of over 150 years and implementing modern systems and processes ensure that our customers are able to harness the full potential of our product portfolio by enabling more value additions.
Ajantha Seneviratne, Chief Marketing Officer at Sri Lanka Telecom
By enabling a faster time-to-market for next-generation offerings and services and allowing us to configure new pricing models on the fly, NetCracker’s Revenue Management solution will help us compete aggressively in Sri Lanka’s growing communications market. I believe this deployment will enable us to improve the bottom line and develop a stronger customer-centric approach, which will introduce a number of strategic business opportunities in the long run.
