Redknee Supports Virtualization Strategy for Tier 1 Operator

June 25, 2014

TORONTO, June 25, 2014 /CNW/ – Redknee Solutions Inc. (TSX: RKN), as a leading provider of real-time monetization software, continues to
demonstrate its leadership in enabling Tier 1 network operators to
implement their virtualization strategies. Redknee offers an end-to-end
cloud-based solution with a business model that gives service providers
flexibility to differentiate and grow their business, while minimizing
the investment risk and optimizing total cost of ownership (TCO).

Redknee’s agile approach to virtualization enables the smooth migration
of legacy services towards Redknee’s state of the art Redknee Unified
product, which addresses real-time converged charging, billing, policy
management and customer care. Redknee’s real-time Unified Charging is
supporting Vodafone Germany’s virtualization strategy to reduce costs
and enhance the customer experience. Redknee enables operators to
deploy real-time BSS in any virtualized environment in order to deliver
more agility and scalability to effectively improve operations. Key
elements of the solution include Redknee provisioning the ability to
optimize existing IN services, such as Ultra Card, Wireless Office and
Home Zone for IMS and VoLTE, and to future-proof 4G / LTE network

Lucas Skoczkowski, CEO of Redknee commented:

“Redknee has a long-standing and trusted relationship with Vodafone and
is pleased to support its virtualization strategy. Redknee’s flexible
and adaptable solution empowers Tier 1 service providers to easily
scale to meet the demands of future growth. Through expertise and
leadership, Redknee supports innovative service providers using
virtualized systems to launch new business models, deliver
differentiation and increase their market presence. This demonstrates
Redknee’s expertise and capability to provide Tier 1 operators and
communications service providers (CSPs) with highly flexible and
scalable solutions that integrate seamlessly without disruption to the
network, operational processes and the subscriber experience.”

Rui Frazao, Director Network Engineering of Vodafone Germany, commented:

“As a global communications business, it is our goal to provide the best
services to connect our customers and to enrich their experience. By
introducing Redknee’s Unified product into Vodafone’s private cloud
environment, we have the ability to launch services faster to the
market, reduce hardware costs, cater to increasing traffic flexibly,
and support existing and future requirements, such as IMS, real-time
online charging and VoLTE.”

Redknee provides a complete portfolio of monetization and subscriber
management solutions for communications service providers (CSPs) across
the world. Redknee enables CSPs to monetize and optimize the subscriber
experience across the entire customer lifecycle. From activation to
provisioning, to supporting 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 offers one of the most comprehensive
real-time converged charging, policy management, billing and customer
care solutions in the industry. 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-premise, cloud-based and as a Software-as-a-Service
offering, Redknee delivers a complete monetization and subscriber
management solution to more than 200 service providers, including some
of the largest Tier 1 operators in the world.

About Redknee

Redknee is a leading global provider of innovative 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 connected customer experience – through either SaaS or
on-premise based solutions. Redknee’s real-time monetization and
subscriber management platform provides innovative converged charging,
billing, policy management and customer care solutions for over 200
communications service providers and is supporting service providers to
monetize the growing ecosystem of the Internet of Things. 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.

SOURCE Redknee Solutions Inc.

Source: PR Newswire

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