Wireless carriers worldwide lose in excess of $36 billion in revenue each year from stranded investments reports Cerion Optimization Services.
North American wireless carriers alone lose over $3 billion through untapped revenues each year.
Wireless carriers are faced with the challenge of optimizing network capacity with increased traffic demand in addition to technology evolution and network integration. As a result, many networks have been over engineered, are suffering from non-utilized capacity, or both.
"By its very nature, the traffic demand in mobile networks moves around, while the capacity of the network to support this demand remains fixed. Building surplus capacity to cope with the varying demand comes at a high price," said Peter Griffith, Chief Technology Officer and Founder of Cerion. "If wireless carriers recover stranded investments in non-utilized technology they can quickly release hidden revenue sitting in their network, and build surplus capacity without spending millions on new technology."
Learn more about wireless network optimization and sign up to receive a free copy of "Harvesting Billions in Untapped Revenue Out of Wireless Networks" by Dr. Wei Yuan, PhD, Vice President of Operations Research and Peter Griffith, Chief Technology Officer and Founder of Cerion Optimization Services.
About Cerion Optimization Services
Cerion Optimization Services helps wireless carriers locate and harvest stranded investments, releasing hidden capital by conducting a deep analysis of actual demand, network mobility and network configurations, and then applying a sophisticated process that utilizes patented methodologies and algorithms to deliver findings with a better correlation between demand and capacity. Based on those findings, wireless carriers can recover hidden revenue and save capital by not purchasing additional technology. Since its inception, Cerion has recovered more than $150 million for carriers worldwide through wireless network optimization.