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2The Customer Is Always Right
3Show Me the Money
LTE upgrades aren’t cheap. If a mobile carrier isn’t also thinking of value propositions to help monetize their new network (whether it’s a pay-per-feature business model or justifiably charging for HD voice), then an LTE upgrade could prove a giant money pit. Consumers will pay for a quality experience.
4Build on Trust
5Keeping Connectivity
6Share the Load
7Make It Personal
Contrary to common perception, not all over-the-top (OTT) services are a threat to revenues expected through LTE. OTT providers such as AppleTV, Netflix and Hulu have steadily gained market penetration, causing traditional service providers to rethink their strategies. Through a carefully crafted OTT partner strategy, a rich set of personalized service bundles can be a good source for driving average-revenue-per-user growth. Background: The term “over-the-top” in the media business refers to broadband delivery of video and audio without a multiple system operator being involved in the control or distribution of the content itself.
8Security Keeps the Network Running
9Benefiting From the Data Deluge
Since LTE moves carrier traffic to an IP-based nature, it creates more data. But it also creates opportunities for operators to harness that data and leverage it for analytical and planning purposes. Pairing subscriber information with location, time and service activity can yield valuable insight into the way subscribers use networks, paving the way to monetize subscriber behavior.
10Keep an Eye on Things
If carriers deliver on the promise of LTE by deploying a number of new services and giving end users seamless HD video streaming, carriers need heightened levels of network visibility to ensure that everything is running smoothly. Since subscribers access mobile networks through apps, carriers must ensure app-level visibility to easily and securely fix a buffering video stream, choppy voice calls or crashing Angry Birds.
11The End, or Only the Beginning?
LTE is not the end of the 2G-3G journey; it’s the beginning of the next-generation mobile network. Rather than trying to extend legacy gear into the new LTE era, carriers need to build new systems and platforms with the latest software-defined networking and virtualization technology as foundations for the new mobile Internet—and turn LTE into the platform for the next decade.