SOURCE: Redknee Solutions Inc.

Redknee Solutions Inc.

September 04, 2013 07:00 ET

Redknee Equips EMEA Operator to Accelerate 3G Adoption

TORONTO, ON--(Marketwired - Sep 4, 2013) - Redknee Solutions Inc. (TSX: RKN), a leading provider of business-critical billing and charging software and solutions for communications service providers (CSPs), is pleased to announce that a leading EMEA operator and an acquired customer has signed a multi-million dollar contract to expand its software license for Redknee's converged billing and charging solution. The deal, which includes Redknee's professional services, highlights the value Redknee's solutions are providing to Tier 1 operators and CSPs to enhance the experience of their customers, generate profitability and support their growth strategies.

To maintain its market-leading position and support its customer base of more than 17 million subscribers, the operator required a solution that would allow it to quickly deliver and monetize differentiated services to its customers. With the license increase for Redknee's real-time converged billing and charging solution and the support of Redknee's professional services organization, the operator is able to provide a range of innovative and flexible 3G value-added services, pricing and tariff models for prepaid, postpaid and hybrid accounts and deliver personalized services faster to the market.

Lucas Skoczkowski, CEO at Redknee, commented:
"This multi-million dollar software contract with this acquired customer emphasizes Redknee's expertise and ongoing commitment to support our customers with a comprehensive portfolio of billing, charging, policy and customer care solutions. As one of the largest independent real-time monetization and subscriber management software companies for the telecoms market, we will continue to invest in our product portfolio to further advance our position as the provider of choice to more than 200 service providers, including some of the largest Tier 1 operators across the world."

Available on-premise, cloud-based and as a Software-as-a-Service, Redknee supports communication service providers with a complete portfolio of monetization and subscriber management solutions for mobile network operators, MVNE/Os, and service providers across the world. Redknee enables CSPs to monetize and optimize the subscriber experience across the entire customer lifecycle. From activation to provisioning, to providing a 360 degree view of the customers' usage, preferences, and integration with 3rd party social media sites, to empowering customers with self-care tools and the ability to pay for services on the go, Redknee provides one of the industry's most comprehensive real-time converged billing, charging, policy and customer care solutions. Redknee's highly scalable and flexible solution enables CSPs to monetize third party relationships and content, support resellers and dealers and launch multi-country operations quickly, effectively and with a low total cost of ownership.

About Redknee
Redknee is a leading global provider of innovative communication software products, solutions and services. Redknee's award-winning solutions enable service providers to monetize new services, business models and content and to deliver a comprehensive customer experience. Redknee's revenue and subscriber management platform provides innovative converged billing, charging, customer care, and payments solutions for voice, messaging and data services to over 200 service providers in over 90 countries. 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

Contact Information

  • For additional information please contact:

    Redknee Solutions:
    Ashleigh Young, Corporate Communications
    +1 905 625 2733

    Investor Relations:
    Matt Glover or Michael Koehler
    Liolios Group, Inc.
    Email Contact
    +1 949 574 3860