2 ways for service providers to make more money with their VoIP networks

Carriers and operators must make significant investments in their network architecture to ensure they have the highest-quality equipment that can support reliable connections for their subscribers. Due to the staggering costs associated with legacy network deployments, it might come as a surprise that some of the most advanced solutions on the market, such as media gateways, are competitive when it comes to both performance and cost.

Regardless of the equipment's price tag, most service providers are looking to make the most of their purchases. Carriers and operators can generate revenue by billing subscribers for the VoIP calls they place, but other tactics can also enable them to make money on their investments.

 

1. Minimize downtime


Service providers make money by charging customers for calls placed over VoIP networks. As such, if the network goes down due to any sort of failure and subscribers can't make calls, providers will lose revenue with every minute of downtime. 

Therefore, it is in service providers' best interest to invest in devices that maximize uptime and minimize downtime. Media gateways that are part of TelcoBridges' Tmedia™ product line feature 99.999 percent reliability (five nines). This means that providers can expect downtime to be less than 26 seconds a month. That way, carriers and operators can significantly limit the time during which they lose revenue because subscribers are unable to make calls. 

 

2. Provide value-added services


VoIP providers have also managed to increase revenue streams by offering value-added services to their core business. By purchasing Enhanced applications from solutions developers, carriers and operators can provide their subscribers with additional features such as conferencing, IVR and others.