The integration of the Telcordia organization into the Ericsson group (NASDAQ: ERIC) has now been completed. In conjunction with this, the Ericsson brand will be activated for the Operations Solutions (OS) and Service Delivery Solutions (SDS) portfolios. The ICS portfolio will remain under the Telcordia brand.
Telcordia, a global leader in the development of mobile, broadband and enterprise communications software and services, was acquired by Ericsson in January 2012 to strengthen its position in OSS and BSS.
OSS/BSS is a growing market driven by the demand for business efficiency, innovation and high quality user experience. This integration underscores Ericsson’s commitment to provide customers with world-leading, innovative solutions for diverse customer challenges, processes and technologies.
"As we go to market under a unified Ericsson brand, we will further strengthen our leadership position in the OSS/BSS market," said Per Borgklint, Head of Business Unit Support Solutions.
Notes to editors
Download high-resolution photos and broadcast-quality video at www.ericsson.com/press.
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 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.
For further information, please contact
Ericsson Corporate Public & Media Relations
Phone: +46 10 719 69 92
Ericsson Investor Relations
Phone: +46 10 719 00 00