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It should not surprise anyone that Ericsson has great in-house components written in Erlang for modern multimedia networks. Their battle-proven DIAMETER stack, used in a number of Ericsson products, was included in the latest release of Erlang/OTP. In this talk, we will describe why this is exciting, what DIAMETER is, and where and how it is used in modern multimedia networks to enable subscriber and resource management, presence and billing. We will show how the Erlang/OTP DIAMETER stack leverages the unique features of Erlang, and contributes to making Erlang/OTP an ideal platform for building innovative - and profitable - applications on top of the emerging global service delivery infrastructure.