Country for PR: United Kingdom
Contributor: PR Newswire Europe
Thursday, July 01 2021 - 17:00
AsiaNet
Mobileum Partners with GSMA in Launch of Blockchain based Telecom Business Network
CUPERTINO, Calif., July 1, 2021 /PRNewswire-AsiaNet/ --

Blockchain solution automates and transforms the wholesale roaming clearing and 
settlement process

Mobileum Inc. ("Mobileum"), a leading global provider of analytics solutions 
for roaming and network services, security, risk management, testing, and 
monitoring, is pleased to announce that it has been selected by GSMA [ 
https://www.gsma.com/ ]to operationalize the recently announced [ 
https://www.gsma.com/newsroom/press-release/global-mobile-operators-and-gsma-team-up-to-build-blockchain-to-transform-back-office-roaming/ 
]GSMA eBusiness Network. The GSMA represents the interests of mobile operators 
worldwide, uniting more than 750 operators with almost 400 companies in the 
broader mobile ecosystem GSMA's ambition is to create global inter-operator 
connectivity by fostering a multi-party, multi-vendor, and ledger agnostic 
environment.  The new commercial-grade industrywide blockchain network will 
provide mobile operators with a single interface to a comprehensive set of 
wholesale roaming services, improving operational efficiency, cutting costs, 
mitigating errors and disputes, and advancing overall industry cooperation and 
innovation.

Negotiation, management and reconciliation of inter-operator agreements have 
always been a challenge for international mobile roaming, especially when it 
comes to ensuring an accurate clearing and settlement of international 
transactions among a complex network of roaming partners. As 5G networks 
expand, roaming will not be limited to network operators, leading to new 
relationships between operators and private enterprise networks. Therefore, 
mobile operators will need greater transparency, accuracy and security in all 
their international roaming transactions and in their underlying processes, 
from rating and charging, to clearing and settlement.

John Hoffman, GSMA CEO, commented:
"Taking advantage of blockchain to automate processes and mitigate 
inefficiencies in the roaming ecosystem is a crucial step towards strengthening 
the global mobile ecosystem and enhancing inter-operator connectivity. This 
service is particularly pertinent as 5G and IoT will transform the existing 
wholesale roaming landscape and present new operational complexities, which can 
only be dealt with stronger cooperation mechanisms and enhanced automation."

Bobby Srinivasan, Mobileum CEO, commented:
"We're excited to partner with GSMA to help mobile operators improve their 
wholesale roaming management capabilities and to reduce the challenges 
associated with roaming clearing and settlement. Blockchain developments 
provide a real game-changer in this space, providing a single source of truth 
that will allow operators to focus all their efforts on driving roaming revenue 
growth, rather than losing time managing disputes and rectifying errors."
For more information about how Mobileum is powering the wholesale chain with 
blockchain visit: www.gsma.com/roamingservices

About Mobileum Inc. 
Mobileum is a leading provider of Telecom analytics solutions for roaming, core 
network, security, risk management, domestic and international connectivity 
testing, and customer intelligence. More than 1,000 customers rely on its 
Active Intelligence platform, which provides advanced analytics solutions, 
allowing customers to connect deep network and operational intelligence with 
real-time actions that increase revenue, improve customer experience and reduce 
costs.  Headquartered in Silicon Valley, Mobileum has global offices in 
Australia, Dubai, Germany, Greece, India, Portugal, Singapore and UK.

Learn more in https://www.mobileum.com/  and follow @MobileumInc on Twitter 

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Source: Mobileum
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