The world today is more connected than ever before, thanks to the advances in telecommunications. From voice calls to video conferencing, or from e-commerce to e-learning, telecom enables seamless communication and collaboration across the globe from anywhere and everywhere. But how does this happen? Who makes it possible? What is this space like?
This blog delves into the essence of this sector, exploring its role, importance, and the transformative solutions brought forth by Zeebu to address its pressing challenges.
What is the Global Wholesale Telecom Sector?
The wholesale telecom sector serves as the unseen force powering seamless communication worldwide. It includes a range of services including voice, data, SMS, roaming, and more, facilitating the efficient flow of information and communication across diverse networks, and regions.
Wholesale telecom carriers play a pivotal role in creating a connected world. Without wholesale telecom, retail telecom services would be limited, fragmented, and costly, as each operator would have to build and maintain its own network and infrastructure, which would be impractical and unsustainable. They provide the infrastructure and network that supports retail telecom services, offering a collaborative environment where operators share resources. This collaborative approach significantly reduces costs, expands coverage, and enhances service quality.
The global wholesale telecom sector consists of various players that contribute to the provision and delivery of wholesale telecom services. These include Tier 1 carriers, Tier 2 carriers, Tier 3 carriers, wholesale service providers, and wholesale intermediaries. These carriers rely on one another for specific telecom service needs.
For an industry as vast as the wholesale telecom carriers sector, even a small delay in payment can cause massive losses and upheavals in the process. However, regardless of various advances in technology, this sector faces not one but multitudes of challenges. As the global carrier wholesale market is adjusting to a series of systematic transformations in the wholesale business. Research shows that this sector is projected to grow at 15% CAGR from 2023 to 2032, surpassing $30 Billion in 2022.
However, telecom companies are facing challenges in managing their operational costs effectively and getting remittances on time.
Thus we are introducing Zeebu, a Web3 Neobank for Telecoms and a cutting-edge solution simplifying telecom transactions with its unified payment infrastructure.
Zeebu's Revolution in Wholesale Telecom
Streamlining Transactions with Zeebu
Zeebu steps into this scenario as a game-changer, offering a comprehensive platform designed to cater specifically to the carrier industry. Its suite of services simplifies invoicing and transaction settlement, bringing efficiency and user-friendliness in telecom transactions.
Unified Currency Experience
Zeebu ensures a unified currency experience through $ZBU Loyalty Token eliminating the intermediaries for currency conversion and introducing one single token for global telecom transactions.
Enhanced Security and Compliance
Zeebu operates in adherence to stringent Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, ensuring a secure and compliant environment.
Enhancing Telecom Transactions with Blockchain Innovation
Leveraging the transformative power of blockchain technology, Zeebu emerges as a trailblazer in the wholesale telecom sector, bringing unprecedented transparency and efficiency to transactions. Zeebu's integration of blockchain technology not only elevates the security standards but also establishes a trustful environment for wholesale telecom carriers. In addition to its commitment to transparency, Zeebu redefines the landscape of international payments within the sector.
In the face of challenges and transformations within the global wholesale telecom sector, Zeebu emerges as a beacon of innovation and efficiency. Its strategic solutions address pain points, providing a streamlined platform that fosters connectivity, reduces costs, and propels the telecom industry into a new era of seamless communication. As the sector evolves, Zeebu stands at the forefront, shaping the future of global telecom.
Zeebu is a Web3 Neobank for Telecoms with a mission to transform the global telecom carrier industry through a loyalty token designed for telecom carrier businesses. The Zeebu ecosystem makes invoice settlements faster and easier, benefiting carriers and the entire telecom industry.