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Smart networks and smart services can more than double cash return for carriers

Operators can more than double cash returns by implementing smart networks and offering smart services, according to a new report

Mobile operators can more than double the returns on their cash investments by putting into place smarter networks and subsequently offering smarter services, according to a new report from Tellabs.

A study commissioned by mobile services solutions provider Tellabs, and undertaken by research firm STL Partners, revealed that cash returns on invested capital for mobile operators today are typically around 5.8 per cent. It noted that this is similar to the return made by water or gas firms.

However, operators should look to build on adding more value to their offerings than utility firms, according to the report, and by building smarter networks and delivering smart services, mobile operators can capitalise on that value and more than double cash returns to 13.3 per cent.

The report found that, by implementing smart networks, mobile operators can increase cash returns on investment by 1.6 per cent; from 5.8 per cent to 7.4 per cent. Meanwhile, delivering smart services over these upgraded networks can increase returns by a further 5.9 per cent; from 7.4 per cent to 13.3 per cent.

In order to see the 1.6 per cent increase derived from moving to a smart network, operators should put into place efficient network configuration, network security and device management processes, according to the report. In addition, they should take advantage of network sharing, wifi offload, traffic shaping and multicast and content delivery networks (CDNs).

To increase cash returns by a further 5.9 per cent, the report advises that smart services must be introduced. These should leverage assets such as customer data, making additional operator assets like location, presence, payments, identity and authentication, available to users and other service providers, and implementing differentiated pricing.

“The report confirms out hypothesis that not only are smart networks are imperative for operators, there’s a potential benefit in terms of cash returns, which are boosted further by implementing smart services,” Pankaj Shroff, director of technology strategy at Tellabs, told Telecoms.com.

He added that by implementing these changes, operators also stand to reduce customer churn.

“If you look at why churn even happens, there’s usually two reasons: either you’ve found a cheaper plan, or you were unhappy with the service and the best way to address both of those issues is through smarter networks. That’s really a no-brainer.”

“If I’m with one carrier and with that carrier I frequently find that when watching videos on Youtube a lot more, then I’m an unhappy customer. So what can a carrier do about it? Invest in smart networks at the right price points, so that they can efficiently deliver that within the bound of their own resources so that the customer is less likely to be unhappy with the service.”

The report surveyed over 100 operators across the world on their views on smart networks.

telecoms.com – telecoms industry news, analysis and opinion

Cox Communications Announces Pricing of Waterfall Cash Tender Offers

ATLANTA , Aug.andnbsp;Cox Communications, Inc. (“Cox”), a wholly owned subsidiary of Cox Enterprises, Inc., today announced the pricing of its previously announced cash tender offers to purchase its outstanding 8.375% Notes due 2039, 6.950% Notes due 2038, 6.450% Notes due 2036, 6.950% Notes due 2028 and 6.800% Notes due 2028, subject to certain previously announced caps (such offers, the “Waterfall Offers”). The terms and conditions of the Waterfall Offers, including such caps, are set forth in the related Offer to Purchase dated July 24, 2017 (as amended by Cox’s press release dated August 7, 2017 announcing certain amendments thereto, the “Waterfall Offer to Purchase”) and the related Letter of Transmittal dated July 24, 2017 (as amended by Cox’s press release dated August 7, 2017 announcing certain amendments thereto, the “Waterfall Letter of Transmittal”). Capitalized terms used but not defined herein have the meanings ascribed to them in the Waterfall Offer to Purchase. Click here for more.


Cellular News

Cox Communications Announces Certain Amendments to Waterfall Cash Tender Offers

ATLANTA , Aug.andnbsp;Cox Communications, Inc. (“Cox”), a wholly owned subsidiary of Cox Enterprises, Inc., today announced amendments to its previously announced cash tender offers (the “Waterfall Offers”) to purchase its outstanding 8.375% Notes due 2039, 6.950% Notes due 2038, 6.450% Notes due 2036, 6.950% Notes due 2028 and 6.800% Notes due 2028 (collectively, the “Waterfall Notes”), subject to certain caps and upon the terms and conditions set forth in the related Offer to Purchase (the “Waterfall Offer to Purchase”) and the related Letter of Transmittal (the “Waterfall Letter of Transmittal”). With respect to the Waterfall Offers, Cox (1) amended the expected Total Consideration payable with respect to (x) the 8.375% Notes due 2039 by decreasing the fixed spread from 255 bps to 240 bps and (y) the 6.450% Notes due 2036 by decreasing the fixed spread from 250 bps to 235 bps, which changes are reflected in the table below, (2) extended the Early Tender Deadline for all Waterfall Notes from 5:00 p.m. , New York City time, on August 4, 2017 to 5:00 p.m. , New York City time, on August 9, 2017 and (3) changed the Price Determination Date for all Waterfall Notes from 11:00 a.m. , New York City time, on August 7, 2017 to 11:00 a.m. , New York City time, on August 10, 2017 . Accordingly, Cox now expects the Early Settlement Date for the Waterfall Offers to occur on August 11, 2017 , rather than August 8, 2017 . The fixed spreads applicable to the other series of Waterfall Notes set forth in the table below are unchanged. Capitalized terms used but not defined herein have the meanings ascribed to them in the Waterfall Offer to Purchase. Click here for more.


Cellular News

MTN Denies Illegal Cash Transfers out of Nigeria

MTN has been forced into issuing a denial that it has smuggled US$ 14 billion out of its Nigerian subsidiary illegally. Click here for more.


Cellular News

Vodafone Sends Greek Cash to the UK Every Evening

Vodafone Group has confirmed that it is moving spare cash out of its Greek subsidiary every evening, in case the government defaults or decides to withdraw from the Euro currency. Click here for more.


cellular-news

Wells Fargo Offers Cash Withdrawal Receipts by Text Message

The USA based bank, Wells Fargo is enabling customers to receive an SMS receipt every time they withdraw cash from an ATM. The company already offers emailed receipts. Click here for more.


cellular-news

RBS and NatWest introduce mobile cash withdrawals

NatWest and RBS customers can use their mobile phones to withdraw cash from ATMs

Banking group the Royal Bank of Scotland (RBS) and NatWest have introduced a scheme in the UK allowing customers to withdraw cash from an ATM using a smartphone.

Under the “GetCash” scheme, customers with the RBS and NatWest mobile banking app can request the cash on their mobile and a 6 digit pin will be generated. This code is entered at an ATM, the amount of cash confirmed, and funds distributed accordingly.

The service allows customers to access their funds when they have lost or forgotten their debit cards, and gives them the choice of leaving their wallets at home in favour of their mobile phones.

RBS and NatWest already operates emergency cash schemes, which they claim nearly 60,000 people have used this year.

“After positive feedback we’re extending the availability of this service to the 2.4 million customers who already have the RBS and NatWest banking app on their phone,” the banks said in a statement.

The banks added that over the course of 2012, GetCash will be combined with a range of other mobile developments, which together will allow RBS and NatWest to offer more by way of mobile payments platform.

“This has never been done anywhere in the UK, and yet is a really simple and secure way to help our customers get cash whenever and wherever they need it,” said Ben Green, head of mobile at NatWest and RBS.

“We’ve heard countless stories from customers who’ve left their wallet behind, or parents who need a quick way to send money across to their children immediately – GetCash means these problems have been solved in a totally secure and painless way.”

Simon Collins, vice president at Praesidium, the business consulting division of WeDo Technologies, said that while these innovative mobile banking applications are great at demonstrating just what is achievable on a smartphone today, both banks and consumers need to be aware of the fraudulent activities and security risks that go hand in hand with these types applications and adoption of this technology.

“The banks need to be vigilant in order to overcome and be prepared for such activities with each area of the technology and the associated processes assessed, with risk protection considered from an end-to-end perspective,” said Collins.

“This is essential to ensure that consumer adoption of these types of services rises as when consumers start to utilise the proposed full range of mobile money services, then in essence the mobile will replace the traditional ‘wallet or purse’ and will need to be protected accordingly. There must be trust and integrity of all transactions.”

telecoms.com – telecoms industry news, analysis and opinion

Colombian Telecommunications Outlook: Profitability Deterioration and Pressured Cash Flow

Fitch Ratings says that it expects Colombian Telecommunication Companies’s ratings to remain relatively stable. Click here for more.


cellular-news

Korean Telcos to Face Less Competition, Better Cash Flow

Fitch Ratings says that credit profiles for South Korean telecommunications companies are likely to remain stable in 2015 with less intensive competition and improved free cash flow due to reduced capex. Click here for more.


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