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Nokia Starts Deploying 5G Monetization Software for Vodafone

Nokia Starts Deploying 5G Monetization Software for Vodafone

Deployment of Nokia Converged Charging (NCC) solution to drive Vodafoneโ€™s migration from legacy charging to 5G monetization

Nokia announced it has started deploying its Converged Charging (NCC) software for Vodafone in multiple European countries, leveraging a cloud-based agile delivery model that enables rating and charging for 5G services and enhances product and services delivery to customers.

NCC operates as a containerized network function in a 5G standalone environment and allows Vodafone to tap new revenue streams from 5G services, including network slicing and flexible product offerings.

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Deployment spans several Vodafone markets in Europe, including the UK and Italy, and drives next generation charging standardized across Vodafone networks and provides real-time rating and charging capabilities; it represents a full migration from legacy charging to 5G-ready next generation methods.

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.

Alberto Ripepi, Chief Network Officer of Vodafone, said: โ€œ5G 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.โ€

Hamdy Farid, Senior Vice President, Business Applications at Nokia, said:ย โ€œWe are pleased to be furthering our relationship with Vodafone through the roll-out of Nokiaโ€™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.โ€

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