Mobileum Partners with GSMA in Launch of Blockchain based Telecom Business Network

Mobileum

AsiaNet  90364

 

CUPERTINO, Calif., July 1, 2021 /PRNewswire=KYODO JBN/ --

 

Blockchain solution automates and transforms the wholesale roaming clearing and

settlement process

 

Mobileum Inc. ("Mobileum"), a leading global provider of analytics solutions

for roaming and network services, security, risk management, testing, and

monitoring, is pleased to announce that it has been selected by GSMA [

https://www.gsma.com/ ]to operationalize the recently announced [

https://www.gsma.com/newsroom/press-release/global-mobile-operators-and-gsma-team-up-to-build-blockchain-to-transform-back-office-roaming/

]GSMA eBusiness Network. The GSMA represents the interests of mobile operators

worldwide, uniting more than 750 operators with almost 400 companies in the

broader mobile ecosystem GSMA's ambition is to create global inter-operator

connectivity by fostering a multi-party, multi-vendor, and ledger agnostic

environment.  The new commercial-grade industrywide blockchain network will

provide mobile operators with a single interface to a comprehensive set of

wholesale roaming services, improving operational efficiency, cutting costs,

mitigating errors and disputes, and advancing overall industry cooperation and

innovation.

 

Negotiation, management and reconciliation of inter-operator agreements have

always been a challenge for international mobile roaming, especially when it

comes to ensuring an accurate clearing and settlement of international

transactions among a complex network of roaming partners. As 5G networks

expand, roaming will not be limited to network operators, leading to new

relationships between operators and private enterprise networks. Therefore,

mobile operators will need greater transparency, accuracy and security in all

their international roaming transactions and in their underlying processes,

from rating and charging, to clearing and settlement.

 

John Hoffman, GSMA CEO, commented:

"Taking advantage of blockchain to automate processes and mitigate

inefficiencies in the roaming ecosystem is a crucial step towards strengthening

the global mobile ecosystem and enhancing inter-operator connectivity. This

service is particularly pertinent as 5G and IoT will transform the existing

wholesale roaming landscape and present new operational complexities, which can

only be dealt with stronger cooperation mechanisms and enhanced automation."

 

Bobby Srinivasan, Mobileum CEO, commented:

"We're excited to partner with GSMA to help mobile operators improve their

wholesale roaming management capabilities and to reduce the challenges

associated with roaming clearing and settlement. Blockchain developments

provide a real game-changer in this space, providing a single source of truth

that will allow operators to focus all their efforts on driving roaming revenue

growth, rather than losing time managing disputes and rectifying errors."

For more information about how Mobileum is powering the wholesale chain with

blockchain visit: www.gsma.com/roamingservices

 

About Mobileum Inc.

Mobileum is a leading provider of Telecom analytics solutions for roaming, core

network, security, risk management, domestic and international connectivity

testing, and customer intelligence. More than 1,000 customers rely on its

Active Intelligence platform, which provides advanced analytics solutions,

allowing customers to connect deep network and operational intelligence with

real-time actions that increase revenue, improve customer experience and reduce

costs.  Headquartered in Silicon Valley, Mobileum has global offices in

Australia, Dubai, Germany, Greece, India, Portugal, Singapore and UK.

 

Learn more in https://www.mobileum.com/  and follow @MobileumInc on Twitter

 

Logo -  https://mma.prnewswire.com/media/1431792/Mobileum_Logo.jpg

 

Source: Mobileum

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