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Redknee Lands $10 Million Order in EMEA

Billing & OSS World

Billing & OSS World

October 15, 2014

Redknee, which bought then-Nokia's BSS business a couple of years ago, has another multimillion-dollar deal with a Tier 1 operator, this one in the EMEA (Europe, Middle East & Africa) region.

With Redknee’s software platform, the unnamed service provider is implementing its real-time billing and charging virtualization strategy. Redknee Unified gives the CSP the flexibility and scalability to create new business models, generate new revenue streams and launch innovative marketing campaigns faster to the market, the company said.

Available on-premises, cloud-based and as a software-as-a-service offering, Redknee’s real-time converged billing, charging, policy management and customer care solution enables CSPs to deliver what the company says are differentiated services and an advanced customer experience through personalized offers, new pricing and tariff options, real-time notifications, and customer self-care, to their prepaid, postpaid and hybrid customers.

“Securing $10 million in new orders with this Tier 1 group operator customer highlights Redknee’s continued momentum moving customers to virtualized platforms for business critical functions," said Lucas Skoczkowski, CEO of Redknee.

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About Redknee:
Redknee monetizes today's digital world for communications service providers. Our market-leading portfolio of monetization and subscriber management solutions includes real-time billing, charging, policy and customer care modules and is available on premise, cloud-based, or as Software-as-a-Service. With a central focus on driving customer success, Redknee's products power growth and innovation for operators globally. Established in 1999, Redknee Solutions Inc. (TSX: RKN) can be found on the Toronto Stock Exchange. For more information about Redknee, 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