Ericsson has renamed its Business Unit Multimedia arm to Business Unit Support Solutions in order to incorporate a new focus on service fulfillment, assurance, network optimisation and real-time charging following its acquisition of OSS/BSS specialist Telcordia.
Ericsson completed its acquisition of Telcordia on January 12. The new unit combines the focus on OSS/BSS with Ericsson’s existing TV and media enabling technologies and mobile commerce technology. Ericsson is now focusing its m-commerce technology on business-to-business activity and plans to close its existing consumer-facing Money Service at the beginning of April. The company’s new Converged Wallet product will allow service providers to deliver m-wallet accounts to pre-paid customers.
“With the new strategic focus, we will strengthen our leadership as we build on our installed base and competence. We will capture the growth momentum in the selected areas and leverage on our acquisition of Telcordia. We already have a leading position in key areas such as charging and billing, where we serve 1.6 billion people with our solutions,” said Per Borgklint, head of Ericsson’s Business Unit Support Solutions (pictured, left). “The new name Business Unit Support Solutions reinforces our commitment to support our customers’ business growth through value creating solutions for customer experience, content management and delivery and mobile payments.”
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20 June 2021 @ 13:38:00 UTC