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Redknee Signs up $20m in Deals Across the Globe

Telecom Asia

Telecom Asia

October 25, 2014 A Tier 1 communications service provider (CSP) in Asia Pacific has placed an additional software expansion order with Redknee Solutions, worth $6 million dollars, to support the growth in subscribers and data usage on its 4G/LTE network.

The CSP is leveraging Redknee Unified to maximize the value of its network and launch new data offerings with innovative tariff models and value-added services.

With Redknee, the CSP can provide its subscribers with the ability to share data across multiple devices and easily share bundles online regardless of payment type.

Also, a global group mobile network operator has placed $6 million in orders for software and services, for support in launching innovative data services and advanced customer care capabilities.

Redknee’s converged solution addresses the full range of this mobile operator’s billing requirements and enable it to offer real-time targeted promotions, bundles, incentives and hybrid payment options such as family or group account plans.

Further, a CSP operating in the Americas signed orders worth more than $8 million related to capabilities in launching innovative data services and increasing its competitive position in the market.

With Redknee’s support, this third customer is able to improve operational efficiency, reduce costs, and launch a wide range of advanced mobile services from a converged monetization platform.

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:

Kristin Donelson
Kristin.Donelson@redknee.com
+1 905 625 2190

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