Ericsson, Indra In Pre-Paid Services Deal With Telefonica
July 21 2010 - 2:42AM
Dow Jones News
Ericsson said Wednesday that Telefonica has entered an agreement
with Ericsson and Indra, a Spanish IT multinational.
MAIN FACTS:
-Agreement includes transfer of Telefonica's complete pre-paid
billing assets, related operations support systems together with
about 500 employees that develop, operate and maintain the
solution.
-Solution currently serves about 100M subscribers in the
Telefonica Group.
-The assets will be transferred to Ericsson and Indra, effective
October, 2010.
-Agreement will strengthen Ericsson's position within systems
integration and within the areas of business support systems (BSS)
and operation support systems (OSS).
-Deal provides 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 Telefonica I+D in Spain and
about 100 come from Telefonica I+D in Brazil.
-By Stockholm Bureau, Dow Jones Newswires; +46-8-5451-3090;
djnews.stockholm@dowjones.com
Intrawest (NYSE:IDR)
Historical Stock Chart
From Jun 2024 to Jul 2024
Intrawest (NYSE:IDR)
Historical Stock Chart
From Jul 2023 to Jul 2024