Korek and Ericsson collaborate to introduce a new business model that will enable scalability and agility. Ericsson Charging and Billing in One (CBIO) system will provide Korek’s subscribers with pro-activity, personalization, control and service quality.

Korek, the fastest growing mobile operator in Iraq, has selected Ericsson to provide CBIO as their new convergent charging and billing platform. The project will consolidate and modernize Korek’s existing revenue management solutions and provide a convergent system for all its subscribers featuring various kinds of services such as real-time rating for all, personalized segmentation for advanced pricing, discount and promotion handling.

Through the agreement, Ericsson will manage the planning, design and integration of the full solution and the migration of service offerings and subscribers into Korek’s existing infrastructure which will enable its postpaid and prepaid mobile subscribers to enjoy benefits such as flexible tariffs and full control of costs as well as bonuses and awards. The deployment of the project will also enable Korek to offer seamless telecommunication services across all end-user segments.

"As a telecom operator, our aim is to always provide our subscribers with services and solutions that will enhance their experience," said Sirwan Mustafa, chairman and founder of Korek telecom. "At Korek, we understand that everything from device, through the network via the support systems including our operations, all this decides our users’ experience. With Ericsson’s expertise and cutting-edge technologies, we are confident that our customers will be provided with world-class services, Mustafa also noted that Korek will be the first operator implementing such a live system in the North Middle East Region".

After the completion of the project, Korek will have a single revenue management system for all its subscribers and services which will include features such as discount and promotion handling, real-time rating, segmentation and pricing and promotions.

"Ericsson is the market leader in the real-time charging solutions domain," said Tarek Saadi, President Ericsson North Middle East Unit. "Korek’s decision to continuously upgrade their network and introduce new services to their customers reflects their commitment to enhance the country’s telecommunications sector. Ericsson also shares this vision of commitment and hopes to continue to support Korek in achieving this goal."

Ericsson has provided operators with real-time charging capabilities since 1996 and now serves more than 2 billion subscriptions with more than 185 operators using the Charging System. The company’s relationship with Korek goes a long way back as they have previously worked closely to deploy a billing post-paid system for Korek customers and also prepared the operator’s network for new technologies.

Notes to editors

About Ericsson

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Ericsson is a world-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 40 percent of the world's mobile traffic goes through Ericsson networks and we support customers’ networks servicing more than 2.5 billion subscriptions.

We are more than 110,000 people working with customers in more than 180 countries. Founded in 1876, Ericsson is headquartered in Stockholm, Sweden. In 2012 the company’s net sales were SEK 227.8 billion (USD 33.8 billion). Ericsson is listed on NASDAQ OMX, Stockholm and NASDAQ, New York stock exchanges.





About Korek

Korek Telecom is the fastest growing mobile operator in Iraq.

We offer the largest and most reliable mobile network. Our network covers the entire country and its cutting edge technology ensures we match the best network quality with best in class services.

Serving the 18 provinces of Iraq, Korek offers a comprehensive range of wireless communications services bringing the freedom of mobility to consumers, businesses and government users. Employing the most sophisticated GSM technology, Korek’s main differentiator is providing customers with the best quality network and services with best value,and Korek is awarded European Quality in 2009 by EBA.

Korek Telecom is a shared limited company registered in Iraq to operate and provide GSM services. Korek founded by Sirwan Mustafa started operating in Iraq year 2000, notably in the north of Iraq and it is the oldest Iraqi Telecom company . On August 17th, 2007 Korek was awarded a nationwide mobile license and Korek is now covering a total population of more than 32 million inhabitants.

For further information, please contact

Ericsson Region Middle East Public & Media Relations

E-mail: rmea.media@ericsson.com

Korek Telecom

E-mail: info.korektel.com