Ericsson has announced that it has strengthened its multimedia business with focus on Operations Support Systems/Business Support Systems (OSS/BSS), TV & Media and M-Commerce.

Per Borgklint, Head, Business Unit Support Solutions, Ericsson, said, "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 the key areas such as charging and billing, where we serve 1.6 billion people with our solutions. 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."

"1.6 billion subscribers are served by Ericsson's charging and billing solutions. Our new solution Ericsson Converged Wallet allows telecom service providers to easily offer pre-paid customers m-wallets accounts. We believe our M-Commerce strategy will equip our partners – operators, financial institutions, online entertainment companies or merchants – to optimize all the opportunities this predicted market growth will offer with their consumers," Borgklint further added.