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Redknee Lands $9 Million Order in APAC

Billing & OSS World

Billing & OSS World

June 13, 2014

Toronto-based Redknee, which last year acquired then-Nokia's BSS business, has signed a $9 million dollar deal with a tier-one operator in Asia Pacific.

The contract with the unnamed operator – which has 35 million mobile subscribers – increases software licenses, services and support, part of the service provider’s strategy to support the growth of its 4G/LTE network.

Redknee says the CSP will generated new revenue streams, launch innovative data services faster to market and enrich the customer experience with personalized offers, real-time notifications and customer self-care — all with the help of Redknee’s integrated charging, billing, policy management and customer care solution.

Lucas Skoczkowski, CEO at Redknee, commented:
“As an increasing number of subscribers migrate to LTE services, we see the opportunity to further grow with this customer as they expand Redknee software licenses," said Redknee CEO Lucas Skoczkowski. “Furthermore, the Asia Pacific region is projected as having the highest adoption of data services and fastest LTE migration, which presents a great growth opportunity for Redknee to expand the presence of our integrated charging, billing, policy management and customer care platform.

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About Redknee:
Redknee monetizes today's digital world. We provide a complete portfolio of mission-critical monetization and subscriber management solutions, including real-time billing, charging, policy and customer care modules, which allow Communications Service Providers to charge for things in new and innovative ways and create a unique user experience. Available on premise, cloud-based, or as a Software-as-a-Service, Redknee's low-risk, flexible solutions power more than 250 businesses across the globe. Established in 1999, Redknee Solutions Inc. (TSX: RKN) is the parent of the wholly-owned operating subsidiary Redknee Inc. and its various subsidiaries.

References to Redknee refer to the combined operations of those entities. For more information about Redknee and its solutions, please go to

For additional information please contact:

Redknee Solutions:

Kristin Donelson
+1 905 625 2190

Investor Relations:
Katelynn Thissen
NATIONAL | Equicom
T: (416) 848-1427