VimpelCom Signs $1B Software Agreement with Ericsson

VimpleCom, an International telecom group signed a software deal with Ericsson estimated at almost $1 billion.

This deal will place the company to offer IoT, mobile entertainment and mobile financial services using Ericsson IT solutions. The collaboration encircles a complete overhaul of VimpelCom’s information technology infrastructure across 11 countries.

VimpelCom Signs $1B Software Agreement with Ericsson

The Netherlands-based telco projects to digitalize and globalize its business backing systems infrastructure utilizing Ericsson’s software and cloud technologies.

Also Read: VimpelCom Appoints Jon Eddy as Head of Emerging Markets including Pakistan

The upgraded technology structure is believed to enable the telecom company to lead its digital innovation policy, specifically in the places of mobile entertainment, communication, the “internet of things” and mobile financial facilities.

“The new digital stack will help us better respond to our customers while also centralizing and simplifying our business, creating lean and agile operations that will result in a more efficient cost structure across our global footprint.”

Said VimpelCom CEO Jean-Yves Charlier.

Also Read: VimpelCom CEO meets with PM Nawaz Sharif to Discuss Telecom Sector

The agreement guarantees the executive and operation of the new Digital BSS setting using a cloud-based digital support system architecture, with Ericsson’s Revenue Manager at its core.

“The pioneering Digital Stack technology will allow us to deliver new digital services that will be enabled by future networks, including 4G LTE and beyond.”

Added VimpelCom CTO Yogesh Malik.

Towards the end of 2015, VimpelCom estimated almost 200 million subscribers and it serves in Russia, Italy, Algeria, Bangladesh, Pakistan, Ukraine, Kazakhstan, Kyrgyzstan, Uzbekistan, Armenia, Georgia, Tajikistan, Laos and Zimbabwe.

Also Read: Pakistan Gets Mobile Money Services from Easypaisa and Ericsson

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