What's Happening?
Belgium's BICS has been selected by Italian MVNO CoopVoce to manage its international voice services. This partnership involves BICS handling CoopVoce's outbound international voice traffic through its Voice Managed Service, aiming to reduce costs, improve service quality, and simplify operational complexities. Additionally, BICS will deploy its FraudGuard solution to protect CoopVoce and its customers from international voice fraud in real-time. CoopVoce, owned by Coop Italia, was the first MVNO to launch in Italy and achieved full MVNO status in 2019.
Why It's Important?
The collaboration between BICS and CoopVoce is significant as it highlights the growing importance of international voice service management in the telecommunications industry. By leveraging BICS' expertise, CoopVoce can enhance its service offerings, potentially leading to increased customer satisfaction and retention. The deployment of FraudGuard is crucial in safeguarding against voice fraud, which is a persistent issue in the industry. This partnership may set a precedent for other MVNOs seeking to optimize their international voice operations and protect their customers.
What's Next?
As BICS begins managing CoopVoce's international voice services, both companies will likely monitor the impact on service quality and customer satisfaction. The success of this partnership could encourage other MVNOs to consider similar collaborations with BICS or other service providers. Additionally, the implementation of FraudGuard may lead to further advancements in fraud prevention technologies, benefiting the broader telecommunications sector.
Beyond the Headlines
This development underscores the evolving landscape of MVNOs, which are increasingly seeking innovative solutions to enhance their service offerings and protect their customers. The focus on fraud prevention reflects a growing awareness of cybersecurity threats in telecommunications, prompting companies to invest in advanced technologies to safeguard their operations.