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Redknee Renews Contract with APAC Mobile Operator

Billing World

Billing World

February 3, 2014 An APAC mobile operator has renewed its support contract with Redknee Solutions.

Redknee says the renewed agreement, worth $4 million, with an acquired customer will accelerate the mobile operator’s ability to increase its competitive position and deliver value-added services quickly to the market.

Redknee’s converged billing and customer care solution is enabling the mobile operator to enhance the customer experience for more than 10 million mobile subscribersm with a range of services. Those include personalized offers, advanced price plans and tariffs, real-time notifications and customer self-care, the company said.

With the solution, operators are able to monetize and optimize the subscriber experience across the entire customer life cycle, from activation to customer care, ensuring that they can provide the best customer experience while driving profitability, Redknee said.

“This support renewal from an acquired customer signifies Redknee’s commitment to enable our customers with a comprehensive solution that drives their growth in competitive markets," Redknee CEO Lucas Skoczkowski said. "Redknee will continue to invest in our market-leading and proven converged billing and charging solution as we strengthen our position as the provider of choice to more than 200 service providers including some of the largest Tier 1 operators around the world."

Redknee inherited many of its customers when it bought Nokia's BSS unit more than a year ago.

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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