FINTECH

Ericsson Mobile Money Solutions To Empower Financial Inclusion For TMCEL Mozambique Customers

606views

By Oystein Bergmann, Correspondent Scandinavia

TMCEL customers in Mozambique are to benefit from the financial empowerment of Ericsson’s mobile money solutions under a new five-year deal to expand and modernize its network and digital services ecosystem. The deal includes the latest Ericsson Business Support Systems (BSS) solutions and supporting services.

Ericsson Wallet Platform is aimed at empowering financial management, including for people who don’t have access to traditional banking services. It will deliver easy-to-use financial services to TMCEL Mozambique customers through the ability to store, transfer and withdraw money, pay merchants and utility providers, use financial services such as savings and loans.

Mobile Money solutions also enables access to health and education services as well as helping to create employment opportunities.

TMCEL customers are also set to enjoy the benefits of improved operational efficiency in the network as a result of BSS solutions digitalization. In addition, Ericsson Dynamic Activation will address TMCEL’s service activation needs with a single, flexible platform.

Chairman of the Board, TMCEL, Mahomed Rafique Jusob Mahomed, says: “Through this partnership we look forward to working with Ericsson to further enhance our value proposition and Vice President and Head of Ericsson South and East Africa, Todd Ashton says: “TMCEL’s ongoing commitment to innovation and enhanced customer experiences is proof of TMCEL’s efforts to offer benefits to Mozambique especially in the area of digital wallets. This project is a key aspect to the economic development of the nation and will also be a key enabler for connecting and supporting new emerging industries in the country.“

Ericsson BSS solutions include: Ericsson Charging System, Ericsson Dynamic Activation, Complete Virtual platform and Geo-redundancy and Multi Mediation.

Ericsson services include solution design, project management, technology consultancy, service enablement, business configuration, development and customization, solution integration and verification and load testing and acceptance.

Further details in this press release: Ericsson BSS and Mobile Money to power better customer experiences for TMCEL subscribers

Industry momentum grows for network orchestration and automation

Ericsson has secured 139 commercial orchestration deals with over 100 global communications service providers – a significant industry milestone. Find out more about the current industry momentum toward orchestration and automation solutions here.

In Q3, 2020, Ericsson surpassed the 100-customer milestone for its Ericsson Orchestrator solution, underlining the current industry momentum in the areas of network virtualization, automation and orchestration.

Senior Vice President and Head of Business Area Digital Services, Ericsson, Jan Karlsson says: “With 105 orchestration customers and 139 commercial contracts, we have solidified that Ericsson’s orchestration solution provides the capabilities service providers need to efficiently operate their networks, increase agility, and build new services quickly for their whole customer base. Thanks to our leadership in this area, we will continue to help our customers future-proof their networks and stay ahead in the race to obtain 5G market share.”

Analysis of Ericsson’s orchestration customers indicates that 60 percent have selected Ericsson Orchestrator for management and orchestration of NFVi (NFV infrastructure and virtual network functions), but that the number of service providers orchestrating advanced enterprise services is increasing.

  • The top three enterprise services today are:
  • SD-WAN orchestration
  • WAN optimization (often in conjunction with SD-WAN)
  • Enterprise security services.

Many enterprise services are multi-vendor, and service providers expect to be able to orchestrate multi-cloud services in the future.

Head of Ericsson Solution Area OSS, Ericsson, Peo Lehto says: “Our smart orchestration solutions transform our customers’ operations to cut time to market, automate order fulfilment and improve operations. This is made possible with efficient lifecycle management and closed-loop assurance built with AI and machine learning.”

Ericsson’s orchestration solution enables automation of hybrid infrastructure including PNFs and VNFs in a multi-vendor environment. It supports resource orchestration, VNF life cycle management and end-to-end service orchestration for both telecom and enterprise environments. With this solution, Ericsson’s customers can expect to reduce time-to-market (TTM) for new service development by up to 70 percent, reduce operational costs by up to 30 percent, and enable new enterprise service revenues.

Orchestration is also a vital component for 5G network slices, which are predicted to be a key revenue enabler in the 5G for enterprise arena. Ericsson’s orchestration solution is already supporting cloud native functions and orchestrating services across domains, all the way from the edge to private and public cloud.

Ericsson currently has 105 orchestration customers, 139 commercial contracts and 61 live deployments. Publicly announced orchestration contracts include deals with TIM, Verizon, NTT DoCoMo, Telefonica and Swisscom.

Leave a Response

bahis canlı casino siteleri canlı bahis siteleri