LHS Telekommunikation

From Wikipedia, the free encyclopedia

LHS Telekommunikation, formerly LHS Telekom, is an independent software vendor who provides telecom billing and customer care systems for wireless, wireline, and IP telecommunication service providers. On June 5, 2007 Ericsson announced a cash offer to acquire LHS.^[1] LHS' headquarters are based in Frankfurt, Germany. The company has offices in Brazil, the Czech Republic, France, Malaysia, Turkey, and the United Arab Emirates.

1 History
2 Products and awards
3 External links
4 References

[edit] History

LHS was founded in 1991 in Germany from a group of former IBM managers. In 1997, LHS Group Inc. went public at Nasdaq and later also at Neuer Markt, Germany. In 2000, Sema acquired LHS Group Inc. In 2001, Sema was taken over by Schlumberger. In subsequence, the entity was renamed to SchlumbergerSema. In 2003, Schlumberger divested from all sectors except their core business, oil field services and equipment. SchlumbergerSema was separated into a product house and the system 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 is part of the LHS Group, and LHS Aktiengesellschaft as the Group’s Holding company is a public company listed on the Frankfurt Stock Exchange (LHS400) since October 2006.

Wolfgang Kroh is the Chief Executive Officer of LHS. Kroh was Senior Vice President and Managing Director for EMEA from 1997-2000. He rejoined the company as Chief Operating Officer in 2006. Prior to his recent appointment, Kroh was Managing Director of the German subsidiary of EMC Corporation.

[edit] Products and awards

LHS' main product is Business Support & Control System, an end-to-end rating, billing and customer care system for telecommunication operators. Additionally, LHS offers products for voucher & recharge management, debt management and mediation.

LHS was awarded "Best Billing or Customer Care Solution" by the GSM Association (GSMA) in Cannes in 2005, won the IIR World Billing Awards for its "Overall Best Contribution to Billing" in London in 2005 and 2006, and received the Frost & Sullivan "Stratecast Global Investment of R&D Resources to Address Core Billing Needs" Award in 2007.