Nokia Siemens Networks’ Business Support Systems unit suited by Ericsson
LONDON, September 4 – The race to acquire Nokia Siemens Networks' (NSN) Business Support Systems unit is being led by Ericsson, according to a source on Monday. The sale is part of a divesture of several non-core business units began by NSN last year to reduce its staff by nearly a quarter and drive profitability and independence. The Systems Support unit, which specializes in telecom operator billing and revenue management, is valued at more than $375 million.
Ericsson, who has been reinforcing business and operations support systems offerings in the past year to provide smarter billing systems, also purchased Telcordia Technologies in 2011, a U.S.-based wireless carrier billing software provider. In 2011, Ericsson was the second largest provider of BSS and OSS systems.
The second round of the acquisition process, in which U.S. bank Jeffries Group Inc. is advising NSN, also includes other potential buyers such as U.S. telecom software vendor Amdocs Ltd.