TORONTO –  06/12/13 – Redknee Solutions, Inc. (TSX: RKN), a leading provider of business-critical billing and charging software and solutions for communications service providers, is pleased to announce that it has renewed a services and support contract with a leading national communications service provider (CSP) in the EMEA region. The renewal of this contract will enable the CSP to build on its 4G/LTE data growth strategy since launching new services in 2012. This continued investment by an acquired customer signifies Redknee’s ongoing commitment to support its customers with flexible and scalable monetization and subscriber management solutions to support their growth strategies.

In response to the rising demand for advanced data services in the region, the service provider continued its investment in Redknee’s charge@once solution in order to offer its subscribers a greater range of innovative and flexible value-added services and tariff models. Redknee’s charge@once is a next generation convergent charging, rating and billing system that offers service providers the flexibility and scalability to advance the subscriber experience through innovative services, real-time notifications and customer self-care options. Through a single, modular system, service providers can improve operational efficiency and reduce costs while increasing their competitive advantages. charge@once is part of Redknee’s comprehensive portfolio of billing, charging, customer care and policy solutions for communications service providers.

Lucas Skoczkowski, CEO of Redknee, commented:
“The increasing demand for data services is providing a strong scope for competitive service providers to accelerate 4G services and launch innovative, personalized real-time offerings. This contract renewal by an acquired customer emphasizes the importance of Redknee’s solutions in facilitating communications service providers’ 4G/LTE data growth and monetization strategies. As the largest independent real-time monetization and subscriber management software company in the telecom market, we will continue to invest in subscriber management and monetization solutions to enable service providers to increase revenues, grow profitability and advance the customer experience.”

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, customer care and payments solution. 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. Available on-premises, cloud-based and as a Software-as-a-Service offering, Redknee provides a complete monetization and subscriber management solution to more than 200 service providers, including some of the largest Tier 1 operators in the world.

For more information about Redknee and its solutions, please go to www.redknee.com.

 

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 www.redknee.com.