LHS Telekom
Encyclopedia
Former LHS Telekommunikation GmbH & Co. KG, is now a fully integrated part of Ericsson
. From the 28th of January 2011, the Ericsson brand is used for all Billing and Customer Care solutions of the company.
managers.
In 1997, LHS Group Inc. floated on the Nasdaq
stock exchange and later also on the Neuer Markt (Germany).
Sema
acquired LHS Inc. in 2000, and subsequently, in 2001, Sema was taken over by Schlumberger
. The resulting entity was then renamed SchlumbergerSema.
In 2003, Schlumberger withdrew from all sectors except its core sector of oil field services and equipment. Its telecoms business was separated into a product house and a systems integration business.
In 2004, General Atlantic
, LLC and LHS Acquisition GmbH, both amongst the original share holders of LHS Group Inc., acquired the product house.
LHS was converted to a stock corporation in August 2006 and went public in October 2006 on the German Prime Standard.
In June 2007, Ericsson acquired the majority of LHS's shares and launched a public offer for the company.
Ericsson acquired the remaining company shares in February 2010. LHS was delisted from the German Stock Exchange and is now wholly owned by Ericsson.
LHS was awarded "Best Billing or Customer Care Solution" by the GSM Association (GSMA) in Cannes in 2005, received the Frost & Sullivan "Stratecast Global Investment of R&D Resources to Address Core Billing Needs" Award in 2007 and won the IIR World BSS Award for its "Overall Best Contribution to BSS" in London in 2005, 2006, and 2008. Furthermore, the company was awarded "Most Effective Customer Facing Project" in 2009 at the BSS
Summit and the "Global Telecoms Business Innovation Award" in 2010.
Ericsson
Ericsson , one of Sweden's largest companies, is a provider of telecommunication and data communication systems, and related services, covering a range of technologies, including especially mobile networks...
. From the 28th of January 2011, the Ericsson brand is used for all Billing and Customer Care solutions of the company.
History
LHS was founded in 1991 in Germany by a group of former IBMIBM
International Business Machines Corporation or IBM is an American multinational technology and consulting corporation headquartered in Armonk, New York, United States. IBM manufactures and sells computer hardware and software, and it offers infrastructure, hosting and consulting services in areas...
managers.
In 1997, LHS Group Inc. floated on the Nasdaq
NASDAQ
The NASDAQ Stock Market, also known as the NASDAQ, is an American stock exchange. "NASDAQ" originally stood for "National Association of Securities Dealers Automated Quotations". It is the second-largest stock exchange by market capitalization in the world, after the New York Stock Exchange. As of...
stock exchange and later also on the Neuer Markt (Germany).
Sema
Sema Group
Sema Group plc was an Anglo-French IT services company. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index but was acquired by Schlumberger in 2001.-History:...
acquired LHS Inc. in 2000, and subsequently, in 2001, Sema was taken over by Schlumberger
Schlumberger
Schlumberger Limited is the world's largest oilfield services company. Schlumberger employs over 110,000 people of more than 140 nationalities working in approximately 80 countries...
. The resulting entity was then renamed SchlumbergerSema.
In 2003, Schlumberger withdrew from all sectors except its core sector of oil field services and equipment. Its telecoms business was separated into a product house and a systems integration business.
In 2004, General Atlantic
General Atlantic
General Atlantic is a private equity investment firm. The firm invests through growth capital injections, control buyouts, industry consolidations, build-ups, recapitalizations, and PIPEs...
, LLC and LHS Acquisition GmbH, both amongst the original share holders of LHS Group Inc., acquired the product house.
LHS was converted to a stock corporation in August 2006 and went public in October 2006 on the German Prime Standard.
In June 2007, Ericsson acquired the majority of LHS's shares and launched a public offer for the company.
Ericsson acquired the remaining company shares in February 2010. LHS was delisted from the German Stock Exchange and is now wholly owned by Ericsson.
Products and awards
LHS' main product is BSCS (Business Support & Control System), an end-to-end rating, billing and customer care system for telecommunication operators.LHS was awarded "Best Billing or Customer Care Solution" by the GSM Association (GSMA) in Cannes in 2005, received the Frost & Sullivan "Stratecast Global Investment of R&D Resources to Address Core Billing Needs" Award in 2007 and won the IIR World BSS Award for its "Overall Best Contribution to BSS" in London in 2005, 2006, and 2008. Furthermore, the company was awarded "Most Effective Customer Facing Project" in 2009 at the BSS
BSS
BSS is a three-letter abbreviation that may refer to:Institutions* Bayridge Secondary School, Canada* Bayview Secondary School, Canada* Beaconhouse School System, Pakistan...
Summit and the "Global Telecoms Business Innovation Award" in 2010.