Ericsson ranked No. 1 worldwide in convergent charging market by leading industry research firm. Ranking demonstrates strong global demand for Ericsson’s market-leading products and expertise. Biannual report tracks market performance of all major players in convergent charging software and services sector.

Ericsson (NASDAQ:ERIC) today announced it was named the worldwide revenue leader in the convergent charging market by Infonetics Research in its market share and forecast report Convergent Charging Software and Services, issued in June 2013.

The report tracks charging software built to handle the many dimensions of convergence in real-time, across payment methods, service and customer types, and access networks. Related consulting, integration and managed services are also included in the Infonetics analysis.

"Flexible billing and charging solutions are necessary to support today’s rapidly changing market conditions, enabling operators to smoothly transition customers between prepaid and postpaid payment models or to support shared data plans, all while maintaining a single profile of the subscriber," said Shira Levine, Directing Analyst for Service Enablement and Subscriber Intelligence at Infonetics Research. "Ericsson is the 2012 revenue leader in this important market segment, which we predict will grow substantially over the next several years."

Peter Heuman, Head of Operations and Solution Area Business Support Solutions at Ericsson, says: "Ericsson’s market-leading products and expertise are giving operators the flexibility to deliver multiservice offerings that meet subscriber expectations of convenience and simplicity, while providing the foundations for future business opportunities. The Infonetics research results affirm the success of our strategic emphasis, as well as our significant investment, in convergent charging solutions – and most importantly, the value they bring to our customers in this fast-moving industry."

Among Infonetics Research reports recently issued, Ericsson was cited by operators as the top convergent charging vendor following the Convergent Charging Strategies and Vendor Leadership: Global Service Provider Survey in July; and as the service delivery platform (SDP) vendor of choice after the SDP Strategies and Vendor Leadership: Global Service Provider Survey was done in June.

Notes to editors

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.

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