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Redknee Signs $5 Million Contract in EMEA

Billing World

Billing World

March 12, 2014 A group operator in EMEA has signed a services contract with Redknee Solutions worth approximately $5 million.

With Redknee’s support, the operator says it is able to launch innovative products, advanced data services and support its affiliates across the EMEA region. This unnamed company is a service-provider customer that Redknee got in its acquisition of Nokia's BSS business.

With Redknee, the group operator is able to utilize a highly flexible and scalable next generation, real-time end-to-end billing and customer care solution to improve operational efficiency and launch and monetize services faster in the market. Through Redknee, the group operator can effectively support its affiliates to deliver personalized offers, customer self-care and advanced tariff options to drive subscriber loyalty and enhance the customer experience, the company said. Redknee said its support is enabling the group operator to reduce costs, generate new revenue streams and increase its competitive position.

“The signing of the multimillion dollar deal with this Tier 1 group operator, and acquired customer, attests to Redknee’s capabilities and the momentum we are seeing in the demand for our services and support from our Tier 1 operators and communications service provider customers," Redknee CEO Lucas Skoczkowski said. "Redknee will continue to invest in our comprehensive real-time billing and customer care solutions to support our customers’ ongoing growth."


To read the online version, click here.
Media Enquiries: media@redknee.com

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 www.redknee.com.


For additional information please contact:

Redknee Solutions:

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

Investor Relations:
Katelynn Thissen
NATIONAL | Equicom
T: (416) 848-1427
kthissen@national.ca