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What does SP business mean?

SP, short for service provider.

Telecom value-added services refer to additional communication services developed by relying on the resources of public telecommunication network and other communication equipment, and its realized value increases the economic benefits or functional value of the original network. Sometimes called enhanced services.

Value-added services can be roughly divided into two categories:

One is the service in the form of value-added network (VAN). Value-added network can make use of special equipment such as switches and computers in this department to form a private network with transmission equipment rented from public network to meet the needs of this department. For example, a fax store-and-forward network composed of leased high-speed channels, a conference television network, a private packet switching network, a virtual private network (VPN), etc.

The second is the business in the form of value-added services. Refers to the services developed beyond the basic services of the original communication network (telephone and telegraph services), such as database retrieval, data processing, electronic data exchange, e-mail, electronic directory search and electronic file transmission.

Extended data:

SP(Service Provider) is the abbreviation of service provider. It is a new mobile data service that obtains the location information (latitude and longitude coordinate data) of the mobile terminal (mobile phone) through the mobile communication network and positioning technology and develops a series of application services. It will become an inseparable part of our comfortable life in the future.

With the evolution of network technology, the application of location service is becoming more and more abundant, providing users with more valuable multimedia applications.

References:

SP business-Baidu encyclopedia