Unlocking Telco API Monetisation
Summary
The concept is simple: by opening up their networks to developers, they can drive innovation, generate fresh revenue streams, and stay competitive in a fast-evolving market. Their platforms offer valuable services like SIM Swap Fraud Detection, Call Management, and Geo-Location, all while adhering to standards set by industry bodies like TM Forum and GSMA. The Chenosis team at MTN recently helped one of Africas biggest media companies overcome a major hurdle with their WhatsApp chatbot – there simply wasn’t enough support for local languages. Running the API business like a startup – lean, agile, and with fewer constraints – will allow for quicker responses to market demands and greater innovation. By focusing on these strategies, telcos can unlock the full potential of API monetisation and drive significant value for themselves, their customers and the broader ecosystem.