Mobile Strategy: How Telco Partners can Harness 5G for Prosperity

The Mobile 5G Opportunity

Mobile telecommunications companies are making substantial investments in 5G infrastructure, projected to exceed $600 billion between 2022 and 2025. With this enormous commitment, the question arises: how can telcos monetize their 5G investments? As highlighted by McKinsey, telcos must shift their roles from simple network providers to dynamic solution orchestrators.

Evolving Service Delivery Models

Some telecom giants, like Singtel, have already begun this evolution. Their launch of an intelligent edge aggregator solution demonstrates how 5G can boost enterprise operations, particularly in manufacturing and logistics. Solutions that enhance cloud functionality can revolutionize backend processes, streamlining operations from automated quality checks to last-mile delivery robotics.

• Enhanced Ground Operations: Singtel's 5G airport program exemplifies new air-side use cases for telco advantage.
• Private Networks: Telecom companies have the chance to spearhead private 5G networks, positioning themselves as key players in industry connectivity.
• Public Services: By leveraging initiatives like GSMA Open Gateway, telcos can become crucial application service providers.

Challenges and Solutions for Monetization

The cheerful prospect of proven 5G use cases is tempered by the complex monetization challenges. Telecom companies will need to enhance their revenue-sharing models, data-mediation processes, and enterprise billing solutions to ensure sustainable profitability. Offering subscription-based business solutions will require sophistication in billing and settlement capabilities.

Moreover, managing large data volumes in real-time is imperative for informed decision-making. This entails leveraging advanced billing systems that can process diverse network transactions and partner revenues. To gain a foothold in this burgeoning 5G economy, telecom companies must fortify themselves with robust capabilities that distinguish them in an increasingly competitive market.