Telecommunication Billing System And Costs Strategies

The billing system is a critical component in a Telecommunications service provider's suite of business support systems, without the billing system the provider cannot invoice their customers for services provided and therefore cannot generate revenue[1]. For any telecom industry to sustain and grow, billing has been playing a vital role. It not only helps invoice the customers and collect revenue but also helps market the product effectively.Telecom operators have seen the many generations of billing; from manual log keeping billing to advanced ABS systems. With the rapid growth and diversification in the telecom industry, across both fixed and mobile sectors, the trend is for new data and multimedia services, offered with a variety of tariff combination, subscriptions, bundles and promotions.To deal with those trends the description of some components of telecommunication systems is necessary, which sub-divides this work into three (3) main parts: the first one provides an overview about telecommunication billing system, in which we introduce the main components of a telecom billing system; then billing system description on NGN and IMS; finally we describe telecom price strategies based on equipment cost reduction i.e. explain some innovative ways of increasing telecom operators revenue while reducing both the CapEx and the OpEx, which reduce the cost of telecom services offered to the consumer.