Monetization and pricing of the 5G-enabled smart residential services

Abstract

Fifth generation of mobile networks (5G) brings superior performances and promises to enable numerous innovations. To capitalize on its potential, the operators worldwide explore the best strategies on how to monetize the 5G capabilities, leveraging on new partnerships and entering into new ecosystems.  This paper narrows the monetization question to the segment of residential users and addresses the use of 5G network slicing capability and appropriate pricing strategies. It aims to illustrate monetization possibilities that operators have in the domain of smart residential services and to outline the requirements that such scenarios impose on operators’ business support solutions.