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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.

To read the online version, please click here


Media Enquiries: media@redknee.com

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 www.redknee.com.

For additional information please contact:

Redknee Solutions:
Michaela Radman, Corporate Communications
Michaela.Radman@redknee.com
+1 905 625 2190

Investor Relations:
Conrad Seguin
NATIONAL | Equicom
T: (416) 586-1951
cseguin@national.ca