TelecomTV TelecomTV
  • News
  • Videos
  • Channels
  • Events
  • Directory
  • Smart Studio
  • Surveys
  • Debates
  • Perspectives
  • DSP Leaders World Forum
  • DSP Leaders
  • Great Telco Debate
    • |
    • Follow
    • |
    • Subscribe
  • |
  • More
  • Webcasts
  • Surveys
  • Debates
  • Perspectives
  • Great Telco Debate
  • |
  • Follow TelecomTV
  • |
    • Subscribe
    • |
  • About
  • Privacy
  • Help
  • Contact
  • Follow TelecomTV
  • About
  • Privacy
  • Help
  • Contact
  • Sign In Register Subscribe
    • Subscribe
    • Sign In
    • Register
  • Search

OSS/BSS

TelecomTV TRACKER

Sourced by TelecomTV's TRACKER platform
from Amdocs

OSS/BSS

KT swiftly grows subscribers base for one of the first 5G commercial services globally, with Amdocs’ service monetization solution

Via Amdocs

May 16, 2019

ST. LOUIS - May. 14, 2019 - Amdocs (NASDAQ: DOX), a leading provider of software and services to communications and media companies, today announced that KT Corporation, the largest quad-play service provider in South Korea, is using Amdocs’ Service Monetization and Convergent Charging solution for one of the world’s first 5G commercial services, launched recently. The future-ready Amdocs Service Monetization solution was initially deployed to support KT 4G services and is now supporting KT 5G services. As a result, KT is able to launch and monetize new and innovative services faster, accelerating the adoption and growth of 5G services.

With the successful launch of one of the world’s first 5G services, KT is able to offer faster communication services with low latency to both enterprises and consumers. This will drive adoption of innovative use cases around new verticals such as connected cars, IoT, e-health, robotics, gaming and much more. Amdocs’ Monetization solution leverages convergent charging capabilities including distributed architecture to accelerate monetization of these new services —from creation of novel offers to streamlined charging for both consumers and enterprises.

“The future is here and live, with KT becoming one of the pioneers in 5G commercialization with faster data rates and an array of compelling services that lead the market,” said Anthony Goonetilleke, group president of Media, Network and Technology, Amdocs. “With 5G supporting new types of services such as e-sports streaming, high-speed online gaming, and augmented and virtual reality services and apps, service providers need to quickly develop new use cases, launch and monetize them to attract consumers by delivering an experience which is unprecedented. We are moving into a time where the monetization and service relationship for service providers is demanding greater flexibility in payment mechanisms, bundling, loyalty, third-party packaging, advertising and other innovative customer engagement initiatives.”

Related Topics
  • 5G,
  • Amdocs,
  • Asia-Pacific,
  • Contract Award,
  • KT,
  • Mobile,
  • OSS/BSS,
  • Telco & CSP,
  • Telecoms Vendors & OEMs,
  • Tracker

More Like This

DSP Leaders World Forum

How HPE is helping telcos to adopt an open approach

Mar 8, 2021

5G

Enea's CEO on the potential of 5G data

Mar 5, 2021

Digital Platforms & Services

DISH selects Amdocs’ cloud-native billing platform to support 5G services

Mar 5, 2021

Digital Platforms & Services

Whatever Tecnotree’s doing, it’s working…

Mar 3, 2021

Open RAN

Subex joins O-RAN Alliance to help accelerate the adoption of open radio access networks

Mar 3, 2021

This content extract was originally sourced from an external website (Amdocs) and is the copyright of the external website owner. TelecomTV is not responsible for the content of external websites. Legal Notices

Email Newsletters

Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.

Subscribe

Top Picks

Highlights of our content from across TelecomTV today

15:12

Deutsche Telekom's Abdurazak Mudesir on the expanding Open RAN ecosystem

38:41

The pros and cons of open DSP architectures

10:32

Vodafone UK's Andrea Dona on Open RAN's progress

49:54

Open RAN: what’s the plan for 2021?

  • TelecomTV
  • Decisive Media

TelecomTV is produced by the team at Decisive Media

Menu
  • News
  • Videos
  • Channels
  • Directory
  • Smart Studio
 
  • Surveys
  • Debates
  • Perspectives
  • Events
  • About Us
Our Brands
  • TelecomTV Tracker
  • TelecomTV Perspectives
  • DSP Leaders
  • DSP Leaders World Forum
  • The Great Telco Debate
Get In Touch
[email protected]
+44 (0) 207 448 1070

Request a Media Pack

Follow
  • © Decisive Media Limited 2021. All rights reserved. All brands and products are the trademarks of their respective holder(s).
  • Privacy
  • Terms
  • Legal Notices