SOURCE: Ericsson

December 01, 2009 04:09 ET

Ericsson to supply convergent charging and billing solution to Libya's Al- Madar

STOCKHOLM, SWEDEN--(Marketwire - December 1, 2009) -


Ericsson (NASDAQ: ERIC) is to provide Al-Madar Al-Jadid, Libya's leading mobile operator with a convergent charging and billing solution that will enable its mobile subscribers to enjoy benefits such as flexible tariffs and full control of costs, bonuses and rewards. Ericsson will also supply related systems integration services.

Abdulkhalek Ashuor, General Manager of Al-Madar Al-Jadid, says: "We've worked with Ericsson since 1995 and we trust that their competence in the revenue-management area and experience of delivering complex convergent charging and billing projects will allow us to enhance our service offering to our customers at an efficient cost and with faster time to market. We are looking forward to introducing this new and flexible platform".

Rafiah Ibrahim, President of Ericsson in Northern Africa, says: "Ericsson's innovative solution enables service providers to control their revenue streams. Millions of subscribers are charged and billed through our solutions and now we are delighted that Libyan users will benefit as well."

Through this convergent charging and billing solution, the operator is able to offer seamless services across all end-user segments, something that was not possible with previous billing systems. The solution provides a single revenue management solution for all subscribers and services and includes key features such as discount and promotion handling, real-time rating, segmentation, pricing and promotions.

For consumers and business users, convergent charging and billing provides full control over all communications costs as users have one point of contact and a single invoice for all their services and gives users access to the services they want independent of their subscription type, as well as the ability to pay however they choose. Convergent charging and billing provides end-users with real-time information on their spending and credit level, so that they will never spend more than they intend to. End users can also be kept fully update on their bundled minutes, bonuses and rewards. This is a one-year contract and Al-Madar Al-Jadid is expected to launch the new services in 2010.

Notes to editors:

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Ericsson is the world's leading provider of technology and services to telecom operators. Ericsson is the leader in 2G, 3G and 4G mobile technologies, and provides support for networks with over 1 billion subscribers and has a leading position in managed services. The company's portfolio comprises of mobile and fixed network infrastructure, telecom services, software, broadband and multimedia solutions for operators, enterprises and the media industry. The Sony Ericsson and ST-Ericsson joint ventures provide consumers with feature-rich personal mobile devices.

Ericsson is advancing its vision of "to be the prime driver in an all-communicating world" through innovation, technology, and sustainable business solutions. Working in 175 countries, more than 75,000 employees generated revenue of SEK 209 billion (USD 32.2 billion) in 2008. Founded in 1876 with the headquarters in Stockholm, Sweden, Ericsson is listed on OMX NASDAQ, Stockholm and NASDAQ New York.

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FOR FURTHER INFORMATION, PLEASE CONTACT

Ericsson Corporate Public & Media Relations
Phone: +46 10 719 69 92
E-mail: press.relations@ericsson.com

Ericsson Investor Relations
Phone: +46 10 719 00 00
E-mail: investor.relations@ericsson.com

Al-Madar: http://hugin.info/1061/R/1358290/330671.pdf


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