Date Added: May 2010
Changing telecommunications market trends calls for the evolution of service creation and delivery by network operators. They need to maximize on any available form of revenue creation to avoid becoming "Bit-pipes" and can achieve this by creating interfaces for 3rd party service and content providers to offer applications and services to their users. Composing and bundling of these services will create new services for the user and achieve rapid deployment of enhanced services. Effective accounting of service usage requires mechanisms for billing and charging of these services.