Bintel Group Continues to Expand With Further Investment in Redknee's Converged Billing Platform
By Redknee Solutions Inc., PRNEMonday, November 8, 2010
Redknee's Billing Solution Propels Growth at Bintel's Azur Network
TORONTO, November 9, 2010 - Redknee (TSX:RKN), a leading provider of business-critical
billing and charging software and solutions for communications service
providers, is pleased to announce at AfricaCom that Azur Congo Brazzaville, a
subsidiary of group operator Bintel Ltd, has increased its investment in
Redknee's billing and customer care solution in response to the fast customer
acquisition it has experienced since it launched in September 2010. This
further demonstrates the value that Redknee's solutions provide to high
growth service providers that need to launch services and promotions fast to
the market in order to quickly capture market share.
Since launching its Azur Congo operation in September 2010,
Bintel Group has experienced rapid growth that has disrupted the highly
competitive mobile market in the Republic of Congo. Redknee's Turnkey
Converged Billing (TCB) solution has enabled Azur Congo to achieve the
benefits of a fully converged real-time billing and customer care platform
such as delivering a high-value subscriber experience by quickly launching
targeted promotions and services and the ability to offer electronic, prepaid
wireless airtime top-ups.
Stephane Beuvelet, General Manager, Azur Congo Brazzaville
commented:
"Bintel is very pleased with the successful entry into the
Republic of Congo. The launch of innovative new services and our focus on
providing an advanced customer experience has shaken up the Republic of
Congo's market and has positioned us to be at the forefront of leading the
market into the next generation. As a leader in high-growth billing, customer
care and Electronic Voucher Distribution (EVD) solutions, Redknee has been a
valuable partner to Bintel Group as we implement our successful expansion
strategy across Africa and the Middle East."
In addition to its property in the Republic of Congo, Redknee
proudly works with the group mobile network operator in other African
markets, including Gabon and Central African Republic.
Lucas Skoczkowski, Redknee's CEO commented:
"The additional investment in Redknee's platform months ahead
of its projection reinforces the value that Redknee's real-time converged
billing solutions provide to drive growth, profitability and market
differentiation for our customers. At Redknee, we continue to invest in
real-time monetization solutions to support the growth of mobile data and
content for wireless and non-wireless subscribers around the world."
Redknee's award-winning TCB is a complete billing and customer care
solution that delivers centralized business intelligence and a full suite of
billing capabilities to operators around the globe. The solution extends
beyond traditional billing and functions as a merchandising platform that
optimizes and improves the overall subscriber service experience. As a
result, network operators can better manage partner relationships, quickly
roll out new services and deliver targeted, real-time promotions to their
subscribers. Its real-time rating and charging capabilities enable triple and
quad-play operators to process all payment types from a single platform -
prepaid, postpaid and hybrid accounts can all be managed with ease. From
activation and provisioning, to real-time rating, billing, invoicing, partner
management, airtime reseller services, and full customer care capabilities,
TCB expertly addresses the needs of network operators throughout the world's
high growth markets.
For more information about Redknee and its solutions, please
go to www.redknee.com.
About Bintel:
Bintel is registered in Jebel Ali - Dubai in 2007, headquartered in
Bahrain, and operates in the telecom operations and service providing sector
with a current focus on the emerging markets. The company presently has
offices in Bahrain, UAE, and Lebanon.
Bintel has operated its mobile services in Central African Republic since
mid 2007 and in Somaliland since mid 2008, and launched service in Gabon in
October 2009. It holds a majority stake in Swiss-based Telesonique. Bintel
launched commercial services in Congo Brazzaville on 15th September 2010.
(www.bintel-ltd.com)
About Redknee:
Redknee is a leading global provider of innovative communication software
products, solutions and services. Redknee's award-winning solutions enable
operators to monetize the value of each subscriber transaction while
personalizing the subscriber experience to meet mainstream, niche and
individual market segment requirements. Redknee's revenue generating
solutions provide advanced converged billing, rating, charging and policy for
voice, messaging and new generation data services to over 90 network
operators in over 50 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, visit
www.redknee.com.
For additional information please contact: Media Relations Contact: Humera Malik, Director of Global Marketing +1-905-625-2102 humera.malik@redknee.com Redknee Solutions: David Charron, Chief Financial Officer +1-905-625-2943 investor_relations@redknee.com
For additional information please contact: Media Relations Contact:, Humera Malik, Director of Global Marketing, +1-905-625-2102, humera.malik at redknee.com; Redknee Solutions: David Charron, Chief Financial Officer, +1-905-625-2943, investor_relations at redknee.com
Tags: November 9, Ontario, Redknee Solutions Inc, Toronto