EMEA Group Operator Selects Redknee's Converged Platform to Drive Growth
By Redknee Solutions Inc., PRNEWednesday, April 21, 2010
Centralized Platform Supports Multiple Properties to Drive Customer Growth and Profitability
TORONTO, April 22, 2010 - Redknee (TSX:RKN), a leading provider of business-critical billing and
charging software and solutions for communications service providers, today
announced it is supporting a group operator in EMEA to reduce its OPEX by
consolidating the customer care and billing capabilities of its multiple
properties onto one centralized platform. Today Redknee is managing the
group operator's four properties in support of the operator's aggressive
growth strategy to quickly expand across the region. In addition to this
new contract, Redknee's Turnkey Converged Billing platform (TCB) is also
supporting group operators in the APAC and Americas regions to successful
grow their businesses in the competitive high growth markets.
Redknee's Turnkey Converged Billing platform enables operators to
realize the benefits of a fully converged real-time billing and customer
care platform. With TCB, all subscribers, irrespective of payment type or
access technology, can be managed on one consolidated platform, allowing
operators to quickly launch targeted promotions and services and deliver an
enhanced subscriber experience.
Peter Mottishaw, Principal Analyst at Analysys Mason reiterates the
value and benefits that operators can achieve by consolidating their
platforms.
"Operators can reduce operating costs and total cost of ownership by
consolidating billing and customer care platforms and standardizing
operational processes. In addition, as converged platforms consolidate all
subscriber data into a single view it enables operators to derive new
revenue streams with better targeted promotions and increased opportunities
to up-sell additional services to their customers."
Redknee's cloud-based solution further extends the benefits of a
converged platform by enabling operators to launch operations into new
markets and still be supported by one platform. From a group operations
point of view, operators can standardize processes, have an overview of how
different markets respond to services and keep a tight control over costs.
For the operator's entities, TCB gives them the flexibility to launch their
own targeted promotions and services quickly and the agility to manage
multiple international currencies and tariffs, and ensure that taxation and
local regulatory mandates are adhered to.
Lucas Skoczkowski, Redknee's CEO, commented:
"We are pleased to be supporting another group operator to drive
customer growth and profitability at all of its properties. This latest
deployment of our cloud-based solutions reiterates Redknee's successful
strategy to provide scalable products that support the performance
requirements of high tier and group services operators. At Redknee, we are
continuing our investment in solutions that serve the high growth markets
of Africa, the Middle East and Asia Pacific, along with the Tier-1 markets
of the Americas, Europe and Australia, to support the success of our
customers and the execution of our growth strategy."
For more information about Redknee and their 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 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 70 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 further information: Media Relations Contact: Rachael Parker, Mi
liberty, +44-(0)20-7751-4444, rparker@miliberty.com; Redknee Solutions:
David Charron, Chief Financial Officer, +1-(905)-625-2943; Humera Malik,
Director of Marketing and Product Management, +1-(905)-625-2102,
humera.malik@redknee.com; Investor Relations: investor_relations@redknee.com
For further information: Media Relations Contact: Rachael Parker, Mi liberty, +44-(0)20-7751-4444, rparker at miliberty.com; Redknee Solutions: David Charron, Chief Financial Officer, +1-(905)-625-2943; Humera Malik, Director of Marketing and Product Management, +1-(905)-625-2102,
humera.malik at redknee.com; Investor Relations: investor_relations at redknee.com
Tags: April 22, Ontario, Redknee Solutions Inc, Toronto, United Kingdom