Taking operators’ business online
There’s a pot totalling $41.4 billion that 900 mobile operators worldwide will spend on OSS/BSS solutions during the next 12 months. This investment will build a platform and pave way to a new kind of an approach to offering digital content and services, and serves as an opportunity for operators to take their business further online.
According to Operator Trends 2012 research results, by 2017, almost two-thirds of all operators could offer fixed-mobile-broadband-cable/internet TV packages. The key to this evolution of service bundling is allowing the customers to choose the content and third party services they want. In fact, a whopping 83 per cent of operators surveyed think it is commercially beneficial to offer bundles where customers can choose whatever content and services they want from a product catalogue.
Content and comfort is king
In another words – content and comfort is king: if operators want to optimize their revenue stream, they need to make discovery and consumption of services as easy as possible. The selection of content and services also matters, and mainstream brands and applications need to be included. However, only six per cent of the respondents thought that exclusive content as such is the driver for consuming bundled packages. OTT services, often seen as threat to operators’ traditional business, should be included as well.
The respondents of the survey believe three digital services will add the most value to their product offering: video on demand, cloud storage and mPayment services. In fact, mobile payment services are seen as the most valuable content service to be introduced in the next 3-5 years. Service discovery, together with the ability to make transactions is an incredibly powerful tool and one that CSPs in mature markets have learned to better be involved with.
For developing market operators the survey results clearly signpost the direction for the future. Due to the expected smartphone penetration growth, mobile Internet access of services may well be the first online experience for customers in developing markets.
Finally, based on the survey results operators will in the near future compete upon a few primary elements such as bundled service packages, price and additional consumer benefits. We look forward to witness examples of such competition and offerings in the markets!
