November 14, 2012 at 09:00 AM EST
Ericsson's charging and billing solutions serve 2 billion subscriptions worldwide
  • Ericsson surpasses the 2 billion mark in the number of worldwide subscriptions served by its charging and billing solutions
  • Represents 31-percent market share of global subscriptions, according to industry sources
  • Number aggregated from subscriptions of Ericsson`s Convergent Charging and Billing solutions around the world

Highlighting the company`s strong position and achieving a significant industry milestone, Ericsson (NASDAQ: ERIC) has surpassed the 2 billion mark in the number of worldwide subscriptions served by its charging and billing solutions, which - according to the World Cellular Information Service (WCIS) database - is equivalent to a 31 percent market share of global subscriptions.

The 2 billion figure is aggregated from subscriptions of Ericsson`s charging systems, BSCS, CBiO (Charging and Billing in One) and charging solutions from the acquired Telcordia. These solutions comprise a mix of converged, prepaid and postpaid deployments around the world.

Per Borgklint, Head of Ericsson`s Business Unit Support Solutions, says: "Two billion subscriptions served by Ericsson`s charging and billing solutions is a tremendous milestone that further reinforces our No. 1 market-leadership position in telecom operations and business support systems (OSS/BSS). Reaching this milestone also reflects the success of our operator customers, and we look forward to supporting them with innovative convergent solutions that drive greater operational efficiency and deliver an optimal user experience."

Ericsson charging and billing solutions allow communication service providers to handle all customers, partners and services in a streamlined, convergent process, covering prepaid and postpaid, voice and data, fixed and mobile, retail and wholesale in real-time. Traditional telecom services such as SMS, MMS, voice and broadband including bundled quadruple play offerings are all supported. Ericsson also supports new machine-to-machine offerings and advanced subscriber and partner management capabilities, which creates vast opportunities for operators to innovate.

Larry Goldman, Partner, Head of Telecoms Software Research, Analysys Mason, says: "Ericsson is well recognized for expanding its portfolio with the addition of Telcordia and ConceptWave, which sets them on track toward the position of being the No. 1 operations and business support systems provider. The company is well positioned with the right mix of OSS/BSS assurance, fulfillment and billing products and corresponding support, consulting and systems integration services to further expand on its No. 1 market-share ranking."

NOTES TO EDITORS
·         Our multimedia content is available at the broadcast room: www.ericsson.com/broadcast_room

·         To learn more about Ericsson`s operations and business support systems, visit: http://www.ericsson.com/oss-bss/

·         Ericsson Charging System:www.ericsson.com/ourportfolio/telecom-operators/charging-system

·         Ericsson BSCS, www.ericsson.com/ourportfolio/products/bscs

·         World Cellular Information Service (WCIS) database: www.informatandm.com/about/wcis/

Ericsson is the world`s leading provider of communications technology and services. We are enabling the Networked Society with efficient real-time solutions that allow us all to study, work and live our lives more freely, in sustainable societies around the world.

Our offering comprises services, software and infrastructure within Information and Communications Technology for telecom operators and other industries. Today more than 40 percent of the world`s mobile traffic goes through Ericsson networks and we support customers` networks servicing more than 2.5 billion subscribers. 

We operate in 180 countries and employ more than 100,000 people. Founded in 1876, Ericsson is headquartered in Stockholm, Sweden. In 2011 the company had revenues of SEK 226.9 billion (USD 35.0 billion). Ericsson is listed on NASDAQ OMX, Stockholm and NASDAQ, New York stock exchanges.

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FOR FURTHER INFORMATION, PLEASE CONTACT

Ericsson Corporate Public &Media Relations
Phone: +46 10 719 69 92
E-mail: media.relations@ericsson.com

Ericsson Investor Relations
Phone: +46 10 719 00 00
E-post: investor.relations@ericsson.com




This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

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information contained therein.

Source: Ericsson via Thomson Reuters ONE

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