Ericsson and Indra have entered into joint agreement with Telefónica, under which Telefónica will transfer its pre-paid billing assets to Ericsson and Indra.

The company said that this contract strengthens its position within systems integration and within the areas of business support systems (BSS) and operation support systems (OSS).

Ericsson said that it is an important complement to its strong billing and charging portfolio providing opportunities to further develop and expand capabilities for the BSS offerings with possible commercialisation to other customers.

Magnus Mandersson, head of business unit global services at Ericsson, said: "This is an exciting agreement, strengthening our relationship with Telefónica and spurring our work within innovation and new business models with our customers.

"The partnership with Indra will also open the door for new business opportunities, thanks to their leadership in IT solutions and IT systems integration."