Nokia brings new Charging solution for SPs to create new pricing plans

Nokia on Thursday announced a charging configurator microservice for its existing Nokia Converged Charging (NCC) monetization solution.
Nokia AirScaleNokia’s charging solution utilizes an intuitive business user interface with drag and drop functionality and natural language statements to create new pricing and market offers, without the need for any coding.

With pre-integrated and flexible charging rules, the enhanced NCC solution allows CSPs to keep up with evolving customer needs to monetize any service that can be measured, such as network slices and enterprise and consumer IoT offerings, which in turn unlocks new revenue streams for operators.

Nokia’s charging solutions support leading CSPs and over 1 billion subscribers across the globe. Nokia’s enhanced charging solution will be deployed to existing NCC customers, including Sunrise, Taiwan Star Telecom and several global tier one CSPs, in October.

“Nokia’s cloud native Charging Configurator accelerates CSPs ability to quickly and efficiently create new pricing plans and offers, which is a key requirement to effectively monetize new 5G services,” said John Abraham, Principal Analyst, Digital Experience at Analysys Mason.

“With this enhancement to our Converged Charging solution, we are putting the power in the hands of the business to create and monetize new innovative services rapidly. Without the need for coding, CSPs have the needed flexibility to evolve their network and meet the needs of subscribers,” Hamdy Farid, SVP Business Applications, Cloud and Network Services, Nokia, said.