With many mobile operators hot on the trail to have commercially launched 4G/LTE by the end of 2014, the prospect of new services and faster connectivity is becoming more exciting than ever for their customers.
According to Analysys Mason, the number of 4G/LTE handset connections worldwide will increase by 670 percent from 2013 to 2018. Yet, mobile handset data service revenue is only expected to grow by 64 percent during the same period.
In particular, the Middle East and North Africa are exemplary markets, with strong mobile growth driving impressive progress in the region. Providers are exploring hybrid monetisation models and solutions for their customers, like the Emirates Integrated Telecommunications Company, du. The mobile operator just announced that for the first time in the Middle East, its customers will soon be able to access the Internet at 4G/LTE speeds, while making a crystal-clear voice call, made possible by VoLTE. Such solutions will help secure a competitive advantage and ensure future business growth.
It’s clear that mobile will increasingly play a significant role in connecting communities around the globe. But as the use of voice and SMS continues to decline, it will be more important for CSPs to explore new opportunities for monetising their data. So, how can mobile operators be able to capitalise on the LTE full services’ revenue potential?
This question and others will be tackled at the second annual GSMA Mobile 360 Middle East conference, co-located with GITEX in Dubai from 13-14th October. Comptel has been invited to participate on a panel around this very topic: “Monetising LTE and Profiting from a Transition Towards All IP.”
The conversation is especially important in a city like Dubai and in the broader Middle East, where the potential for LTE adoption is huge. According to the same report from Analysys Mason, strong mobile handset data growth in the Middle East and North Africa could mean that telecoms service revenue grows at a 2.9 percent compound annual growth rate, reaching $96 billion by 2018.
The Future of Connectivity
Comptel and our fellow panelists will share insight on how to help smoothly drive that growth forward, and how mobile operators can monetise their networks to differentiate services in a way that will communicate their true value to their customers.
Petteri Suonio, technical sales director in our Middle East and Africa region, will speak on Comptel’s behalf, sharing solutions from our recent research around how mobile operators can better monetise their data, as well as insight on various offerings, bundles, data usage patterns and more from the region and across the globe.
Mr. Suonio will be joined on the panel by Noel Kirkaldy, head of technology, Middle East & Africa, Nokia Siemens Networks; Ihab Ghattas, assistant president of Middle East region, Huawei; and Muhammad Saqib, director, technical strategy & RAN planning, Warid Telecom.
The key for mobile operators’ success will be a combination of both tried-and-tested monetisation methods and new ones. To strengthen operator monetisation and differentiation, flexible and agile policy and charging capabilities with easy to use service design will play a major role. In addition, predictive analytics will be increasingly important in allowing operators to see patterns that would otherwise be hidden, and to use this insight to construct new, tailored offers.
With this, mobile operators will be able to better understand customer behaviours and build a higher quality of experience, while introducing new sources of revenue. Future revenue growth for mobile operators will fully depend on building flexible, personalised service packages and services that will allow them to innovate with their customers.
If you’ll be attending GSMA Mobile 360 or GITEX in Dubai and would like to meet with Mr. Suonio, please send an email to firstname.lastname@example.org.