Ericsson has reached its 50th customer for Ericsson 5G Charging. Charging is a foundation for 5G monetization and service innovation for CSPs around the world, and the milestone achievement highlights Ericsson’s momentum and leadership in this crucial domain.
Much work is being done with Communication Service Providers (CSPs) globally to transform their networks and businesses to fully take advantage of 5G, monetizing their investments and opening the doors to delivering innovative and commercially sustainable service experiences.
Regardless of the service, use case, business model or technical make-up of a CSP’s network, a scalable, flexible, multidimensional charging system is the crucial component of monetizing the network. With standards set out in 5G 3GPP Service-Based Architecture, the Charging Function (CHF) acts as a point of consolidation for all online and offline, pre-paid and post-paid rating and charging requests. Its ability to manage complex requests, and its native familiarity with 5G Standalone (SA), means its value is felt uniquely as a catalyst for positive transformation and evolution of 5G service delivery. In addition to its dedicated charging system, Ericsson Charging, Ericsson also supports CSPs with 5G charging through implementations of the charging function in other Ericsson solutions.