The telecommunications industry is in the midst of a major transformation. Wireless carriers are struggling to keep up with the growing demand for data, and they're turning to MVNEs (Mobile Virtual Network Enablers) to help them manage their networks.
MVNEs are third-party providers that offer a turnkey solution for businesses that want to enter the mobile market. They provide all of the infrastructure and support necessary to launch a mobile network, including billing, customer care, and technical support
MVNEs have been around for several years, but they're becoming increasingly popular as the demand for data continues to grow. In fact, according to a recent report from MarketsandMarkets, the MVNE market is expected to reach $18.9 billion by 2021.
There are many reasons why MVNEs are gaining popularity, but the two main reasons are cost and flexibility. MVNEs can help carriers save money on infrastructure costs, and they offer a more flexible solution than traditional carrier-managed networks.
MVNEs are also well-positioned to take advantage of the growing trend toward 5G. 5G is the next generation of wireless technology, and it offers higher speeds and lower latency than 4G LTE. MVNEs that have already invested in 5G infrastructure will be able to offer their customers a major competitive advantage when 5G rolls out in the coming years.
The future looks bright for MVNEs, and we expect them to play an important role in the telecom industry in the years to come.
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