On Pricing of 5G Services

László Toka, J. Tapolcai, George Darzanos, Balázs Sonkoly

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

IT and telco providers are preparing for the era of 5G; in terms of technology, the driving force is virtualization, both for computing and networking. The 5G services will be superior than today's online services not only in technological aspects, but also from an economic and business perspective: fast service creation, effective utilization of resources, dynamic adaption to actual demand are all direct benefits of the virtualized infrastructure. In this paper we study the economic interactions between 5G resource providers and customers: we formalize how resources should be priced and selected for being booked. In particular we show that usage-based pricing is an income-maximizing scheme for providers, and we derive the problem the customers need to solve for cost-optimizing service deployment.

Original languageEnglish
Title of host publication2017 IEEE Global Communications Conference, GLOBECOM 2017 - Proceedings
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages1-6
Number of pages6
Volume2018-January
ISBN (Electronic)9781509050192
DOIs
Publication statusPublished - Jan 10 2018
Event2017 IEEE Global Communications Conference, GLOBECOM 2017 - Singapore, Singapore
Duration: Dec 4 2017Dec 8 2017

Other

Other2017 IEEE Global Communications Conference, GLOBECOM 2017
CountrySingapore
CitySingapore
Period12/4/1712/8/17

Fingerprint

Economics
Costs
Industry
Virtualization

ASJC Scopus subject areas

  • Computer Networks and Communications
  • Hardware and Architecture
  • Safety, Risk, Reliability and Quality

Cite this

Toka, L., Tapolcai, J., Darzanos, G., & Sonkoly, B. (2018). On Pricing of 5G Services. In 2017 IEEE Global Communications Conference, GLOBECOM 2017 - Proceedings (Vol. 2018-January, pp. 1-6). Institute of Electrical and Electronics Engineers Inc.. https://doi.org/10.1109/GLOCOM.2017.8254437

On Pricing of 5G Services. / Toka, László; Tapolcai, J.; Darzanos, George; Sonkoly, Balázs.

2017 IEEE Global Communications Conference, GLOBECOM 2017 - Proceedings. Vol. 2018-January Institute of Electrical and Electronics Engineers Inc., 2018. p. 1-6.

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Toka, L, Tapolcai, J, Darzanos, G & Sonkoly, B 2018, On Pricing of 5G Services. in 2017 IEEE Global Communications Conference, GLOBECOM 2017 - Proceedings. vol. 2018-January, Institute of Electrical and Electronics Engineers Inc., pp. 1-6, 2017 IEEE Global Communications Conference, GLOBECOM 2017, Singapore, Singapore, 12/4/17. https://doi.org/10.1109/GLOCOM.2017.8254437
Toka L, Tapolcai J, Darzanos G, Sonkoly B. On Pricing of 5G Services. In 2017 IEEE Global Communications Conference, GLOBECOM 2017 - Proceedings. Vol. 2018-January. Institute of Electrical and Electronics Engineers Inc. 2018. p. 1-6 https://doi.org/10.1109/GLOCOM.2017.8254437
Toka, László ; Tapolcai, J. ; Darzanos, George ; Sonkoly, Balázs. / On Pricing of 5G Services. 2017 IEEE Global Communications Conference, GLOBECOM 2017 - Proceedings. Vol. 2018-January Institute of Electrical and Electronics Engineers Inc., 2018. pp. 1-6
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