Updated in 2026
In 2026, leading telecom billing solutions include JeraSoft for wholesale VoIP, PortaOne for unified communications, ASTPP as an open-source option for startups, Rev.io for IoT recurring revenue, and Splynx for ISPs. UK operators lose £2 billion each year to billing errors. Important features to look for are real-time rating, fraud detection, and scalability.
JeraSoft is a leading provider of telecom billing software offering carrier-grade billing, routing, and mediation solutions for Communication Service Providers (CSPs). With a strong reputation in the telecom industry, JeraSoft’s platform is used by over 100 telecom companies worldwide, enabling operators to manage complex billing workflows and high-volume interconnect traffic with accuracy and reliability.
We will explore the fundamentals of UCaaS further in the subsequent sections, covering everything you need to know about UCaaS including its definitions, evolution and relevance in contemporary business, how it works for transforming workplace communication across organizations, the technical aspect of UCaaS, comparison with traditional communication systems, benefits to the business from the adoption of UCaaS,
The impact of technological advancements in the telecom industry is not uniform across all segments. Specific telecom segments are experiencing significant growth and evolution.
The telecom industry is not without its challenges, but these challenges also present opportunities for growth and innovation. Telecom providers must navigate the following challenges and seize the opportunities they bring:
March 19, 2024 – JeraSoft – presents a major release of JeraSoft Billing 3.26 featuring logical and procedural improvements along with the usual performance boost.
This article was updated in 2024
In the past eight years, the telecommunications landscape has undergone significant transformations. The proliferation of smartphones, the rise of over-the-top (OTT) communication services, and the increasing demand for data have reshaped the industry.
Serious Fraud in the Telecom Sector Costs the Industry $17bn in Revenue a Year.
According to the report by the ITW Global Leaders’ Forum, most telecommunication companies do not contend with fraud traffic. This situation can lead to greater financial losses with the spread of Internet of Things, when billions of IoT devices could be hijacked or reconfigured. Put this in perspective, fraud costs nearly $30 billion globally last year according to the Communications Fraud Control Association (CFCA).
Considering the rate of technological development, it’s no surprise how fast some industries have revolutionized within a couple of decades. Since the early 21st century, the telecom industry has been riding on high tides of tech revolutions. Generally, telecommunication is mostly associated with technologies including telephone, emails, fax machine, and radio; the ways of communication. Each innovation in the domain brings another wave of real-time connectivity leading towards globalization.
“When you are starting your own telecom business, you automatically start dreaming of becoming the next Version. However, the fact that you’ve basically got nothing to lose seemed rather advantageous and to some extent inspiring for me,” says Andrii Bashtannik, CTO at Spacetel. “When we just started, all we’ve got was passion, it turned out to be enough.”