Most telecom companies are finding it hard to keep up with the challenge of this technology advancement. One of the challenges telecom companies experience is getting an effective IoT billing system for monetization. Most companies have been forced to adjust their billing systems according to the market and innovation.
The advancements in IoT has provided a wide opportunity for telecom service providers to gather new business ideas, pricing strategies and even generate new revenue channels. As these services continue to scale up, new challenges arise as well.
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