NetCracker Technology announced recently that Telefónica UK, which operates as O2 in the UK, has agreed to extend the use of NetCracker’s Revenue Management solution through a hosted managed services model for two new significant initiatives. By using NetCracker’s Revenue Management solution and Hosted Managed Services, O2 will provide rating, billing and mediation capabilities for a nationwide smart metering program across 53 million devices as well as a large-scale partner revenue-sharing ecosystem, which allows Telefónica customers to purchase third-party products and services that can be charged directly to their monthly phone bill.

Telefónica UK, which operates under the O2 brand, is the second-largest mobile provider in the UK. O2 is a leading digital communications company with over 25 million customers across the UK using its 2G, 3G and 4G networks.