Forbes India 15th Anniversary Special

Monty Mobile: A pioneer in the global telecom industry

Monty Mobile has been selected for the second time by the Global System for Mobile Communications Association (GSMA) to host WAS19, one of the largest bi-annual telecom conferences. This prestigious event attracts professionals from mobile network operators, telecommunications companies, technology vendors, and other key industry stakeholders

Published: May 27, 2024 02:50:26 PM IST
Updated: May 27, 2024 03:43:22 PM IST

Monty Mobile: A pioneer in the global telecom industry

In the ever-evolving 21st century, the digital era has reshaped the way we communicate, conduct business, and navigate the world around us. With the rise of the internet, artificial intelligence, mobile technology, and the widespread use of smart devices, the telecommunications industry stands at the forefront of unprecedented connectivity and innovation. Amidst this transformative wave, companies are leveraging advanced technologies to develop cutting-edge telecom services and digital solutions that break through conventional barriers. One such pioneer is the telecom powerhouse Monty Mobile, a global giant renowned for its unwavering commitment to pushing the boundaries of innovation.

Since its establishment in 1998, Monty Mobile has been at the forefront of innovation, continuously setting new benchmarks with its groundbreaking telecom solutions aimed at shaping a brighter future. Renowned for its expertise in Advanced Messaging, Digitalization, Monetization, Connectivity, Fintech, and MNO Management, the company serves a global clientele, providing unparalleled services, tailor-made solutions, and leveraging cutting-edge digital technologies to deliver the best possible outcomes.

Monty Mobile's exceptional track record led the GSMA to select the company as the host for the 19th edition of the Wholesale Agreements and Solutions Group (WAS19) in Istanbul. This is the second time Monty Mobile has been chosen to host this massive event with 900+ attendees, after the resounding success of WAS6 in Marrakesh.

Entrusted to Host the Global WAS19 Event

As a pivotal juncture in the trajectory of telecommunications, WAS19 left an indelible mark, igniting transformative dialogue and collaborative initiatives that promise to shape the future of telecom. WAS actually serves as a key platform for Operator-to-Operator and Operator-to-Hub interoperability. It ensures consistent and reliable GSM services for over 1,000 members at GSMA, a lobby organization that represents the interests of mobile network operators worldwide.

By orchestrating this biannual gathering, Monty Mobile convened executives, industry luminaries, and pivotal decision-makers hailing from MNOs and hubs worldwide. The event served as a platform for high-level discourse, centering on pivotal topics including innovation, network closures, VoLTE, network security, 5G implementation, and billing charging evolution, alongside a comprehensive array of training sessions. Moreover, the company fostered invaluable networking opportunities among telecom stakeholders, culminating in a celebratory gathering held at the historic Basilica Cistern in Istanbul.

Remarkable Milestones

The company, with 15 awards to its name, unveiled groundbreaking products designed to empower the Mobile Network Operators (MNOs) globally. These innovations include Mobile Digital Banking Services (MDBS) strategically crafted to propel MNOs into the realm of secure digital banking. Monty Mobile also introduced the comprehensive end-to-end MNO management, providing MNOs and Fixed Wireless Access (FWA) customers with cost-effective and well-optimized wireless solutions tailored to suit their unique preferences. Furthermore, Omnichannel, their innovative reseller platform packed with powerful tools, assists MNOs in streamlining their communication channels, providing a seamless and integrated customer experience. And last but not least, the company devised a white-labeled eSIM application, allowing MNOs to customize and promote it as their own, and users to benefit from instant data connection anytime, anywhere, without traditional roaming fees.

Over the coming years, the telecommunications industry is forecasted to experience a substantial growth, driven by the ever-growing need for swifter and more dependable connectivity and data transmission in our advancing digital landscape. This growth is influenced by several factors, including the rising demand for high-speed internet services, widespread adoption of smartphones and tablets, increasing online gaming industry, emergence of cloud computing, and government initiatives aimed at expanding connectivity. And Monty Mobile is at the forefront of these industry novelties.

In facts and numbers, Monty Mobile operates from 17 regional offices, serving 1.8 billion mobile subscribers worldwide and handling a high volume of SMS traffic by sending 25 billion messages annually. The company’s dedicated and multicultural team serves 24/7 over 500 Mobile Operators spread across 120 countries, providing the most advanced and high-quality digital solutions. Committed to sustainable business practices and reliability of services, Monty Mobile conducts business with integrity to deliver optimal value and return to stakeholders.

Monty Mobile: A pioneer in the global telecom industry

Beyond Telecommunications

Telcos are currently presented with a great opportunity to change financial services and boost financial inclusion with new access to fintech. In fact, global mobile penetration rates surpass internet penetration, making telcos potential providers of digital financial services to many individuals and by combining financial services with their regular offerings, telcos can both expand their income sources and offer important financial services to customers.

Mobile digital banking can integrate with telecommunications companies in several ways, leveraging the strengths of both industries to provide enhanced services and benefits to customers. In fact, mobile digital banking services provide convenience, accessibility, and flexibility to customers, enabling them to manage their finances on-the-go from anywhere with an internet connection.

Monty Mobile MBDS offers a comprehensive suite of services, including the MyMonty Digital Wallet, Software as a Service, Banking as a Service, Banking Application, AI Smart Scoring, Lending, and Payment Gateway with MontyPay. Monty Mobile’s commitment to excellence ensures state-of-the-art safety and security features, catering to the needs of both customers and merchants.

In this increasingly competitive market, where speed is paramount and innovation is essential, Monty Group stands out as a trailblazer, consistently spearheading technological advancements and pushing the boundaries of tech and innovation.

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