A Mobile Virtual Network Operator (MVNO) needs to have a solid business strategy, if it wants to make new subscribers and sell its services.
Due to a high competition between telcos, the profit margins have receded and keeping hold of customers has become an excruciatingly difficult task. But with the launch of IoT, MVNOs have an opportunity to transform their business and become favorite internet of things companies of the youth.IoT
Data is Crucial
The
youngsters want the fastest speed on their IoT devices. Whether it is a fitness
watch or smart VR devices, they need to be powered with the right IoT
data. By supplying a pertinent IoT platform for youngsters, MVNO
can access a whole new profitable market for their business.
Billing
is Paramount
Youth
of today is not willing to pay a penny more for its IoT data. So, invest
in a true real-time charging system that can account for every IoT transaction.
If you can send accurate bills every time, you maximize your chances of keeping
hold of your customers.
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