New business agreement with Telefónica and Indra
(Thomson Reuters ONE) -
   ·    Ericsson and Spanish IT company Indra in joint agreement with
Telefónica
   ·    Ericsson and Indra to take over Telefónica's pre-paid billing solution,
related operation support systems and about 500 employees from Telefónica I+D
   ·    7 year agreement to deliver pre-paid services to more than 20 of the
Telefónica Group operations
   ·    Pre-paid billing solution today serving some 100 million customers
Telefónica, one of the world's largest telecom operators with operations in 25
countries and some 265 million customers, has entered an agreement with Ericsson
(NASDAQ:ERIC) and Indra, a leading Spanish IT multinational.
The agreement includes transfer of Telefónica's complete pre-paid billing
assets, related operations support systems together with about 500 employees
that develop, operate and maintain the solution that today serves about 100
million subscribers in the Telefónica Group. The assets will be transferred to
Ericsson and Indra, effective October, 2010.
The agreement will strengthen Ericsson's position within systems integration and
within the areas of business support systems (BSS) and operation support systems
(OSS). It is an important complement to Ericsson's already strong billing and
charging portfolio providing Ericsson with opportunities to further develop and
expand capabilities for the BSS solution with possible commercialization to
other customers.
Of the about 500 highly skilled employees joining Ericsson and Indra,
approximately 400 come from Telefónica I+D in Spain and about 100 come from
Telefónica I+D in Brazil..
Telefónica spokesperson said: "Pre-paid is an important component in our group's
offering and we are happy to have Ericsson and Indra managing our solution. The
agreement offers a unique opportunity for the development and the operational
efficiency of the billing solution, together with the Telefónica I+D
organizations that the two companies are taking over."
Magnus Mandersson, Head of Business Unit Global Services, Ericsson, said: "This
is an exciting agreement, strengthening our relationship with Telefónica and
spurring our work within innovation and new business models with our customers.
The partnership with Indra will also open the door for new business
opportunities, thanks to their leadership in IT solutions and IT systems
integration."
Notes to editors:
Photos Magnus Mandersson:
www.ericsson.com/ericsson/press/photos/magnus_mandersson.shtml
Bio of Magnus Mandersson:
www.ericsson.com/ericsson/corpinfo/management/magnus_mandersson.shtml
Ericsson is the world's leading provider of technology and services to telecom
operators. Ericsson is the leader in 2G, 3G and 4G mobile technologies, and
provides support for networks with over 2 billion subscribers and has the
leading position in managed services. The company's portfolio comprises mobile
and fixed network infrastructure, telecom services, software, broadband and
multimedia solutions for operators, enterprises and the media industry. The Sony
Ericsson and ST-Ericsson joint ventures provide consumers with feature-rich
personal mobile devices.
Ericsson is advancing its vision of being the "prime driver in an
all-communicating world" through innovation, technology, and sustainable
business solutions. Working in 175 countries, more than 80,000 employees
generated revenue of SEK 206.5 billion (USD 27.1 billion) in 2009. Founded in
1876 with the headquarters in Stockholm, Sweden, Ericsson is listed on OMX
NASDAQ, Stockholm and NASDAQ New York.
www.ericsson.com
www.twitter.com/ericssonpress
www.facebook.com/technologyforgood
www.youtube.com/ericssonpress
FOR FURTHER INFORMATION, PLEASE CONTACT
Ericsson Corporate Public & Media Relations
Phone: +46 10 719 69 92
E-mail:media.relations(at)ericsson.com
Ericsson Investor Relations
Phone: +46 10Â 719 00 00
E-mail:investor.relations(at)ericsson.com
About Telefónica
Telefónica is one of the largest telecommunications companies in the world in
terms of market capitalization. Its activities are centered mainly on the fixed
and mobile telephony businesses with broadband as the key tool for the
development of both. The company has a significant presence in 25 countries and
a customer base that amounts close to 274 million accesses around the world.
Telefonica has a strong presence in Spain, Europe and Latin America, where the
company focuses an important part of its growth strategy. Telefónica is a 100%
listed company and its shares are traded on the main international stock
markets.
www.telefonica.com
About Indra
Indra is the premier Information Technology company in Spain and a leading IT
multinational in Europe and Latin America. It is ranked as the first European
company in its sector according to investment in R&D and is the second Spanish
company in absolute value investments in R&D. The company employs more than
29,000 professionals and has clients in more than 100 countries.
www.indracompany.com
[HUG#1433023]
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Source: Ericsson via Thomson Reuters ONE
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Datum: 21.07.2010 - 08:00 Uhr
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News-ID 24207
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