TORONTO, Dec. 9, 2014 /CNW/ - Redknee Solutions
Inc. (TSX: RKN), a leading provider of real-time monetization
and subscriber management software, is pleased to announce that
Omantel, a leading operator in the Middle
East and a provider of multi-play services, has signed a
multi-year, multi-million dollar contract to upgrade to the latest
version of Redknee's converged charging platform, Redknee Unified,
in support of Omantel's 4G/LTE network. The highly scalable and
flexible solution provides Omantel with innovative real-time
charging and billing capabilities to monetize and launch new data
services, and the agility to cross-sell and upsell across its
multi-play services to advance the experience of its 4G/LTE
subscribers. This is a significant deal that further demonstrates
the confidence leading communications service providers (CSPs) have
in Redknee's ability to support their business goals and growth
strategies.
With competition intensifying in the region and customer demand
for innovative data services increasing, Omantel will utilize
Redknee's real-time monetization solution to increase customer
satisfaction and maintain its market-leading position. The Redknee
Unified platform provides Omantel with the ability to converge
billing, charging and customer care for all of its services,
including voice, messaging, data, mobile and fixed lines, to gain
simplicity and transparency to charge and bill for any transaction
regardless of the payment method. Omantel can leverage Redknee
Unified to maximize the value of its network and launch new data
offerings with innovative tariff models and value-added services
faster to the market.
Talal Al Mamari Chief Executive
Officer of Omantel, commented:
"Omantel's partnership with Redknee is expected to improve
operational efficiency and build competitive advantage. With
Redknee's real-time charging solution, we can offer superior and
innovative products, services and tariffs to our customers across
all Omantel networks, in order to improve customer experience,
create value and increase customer loyalty through innovation and
differentiation. Redknee's continued support will be instrumental
for Omantel, to materialize our BSS/OSS modernization
strategy."
Lucas Skoczkowski, Redknee's CEO commented:
"Redknee is extremely pleased to support Omantel's data
monetization and growth strategy. In today's competitive
environment, service providers are constantly challenged to deliver
a greater customer experience while driving profitability. With
Redknee, Omantel can create new business models, generate new
revenue streams and provide a better multi-channel customer
experience. This agreement is demonstrative of Redknee's ability to
support the growth of multi-play customers, and our increasing
position as the provider of choice for monetization and subscriber
management solutions to more than 200 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 supporting a 360 degree view of the customer's
usage, preferences, and integration with third 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.
Forward-Looking Statements
Certain statements in this
document may constitute "forward-looking" statements which involve
known and unknown risks, uncertainties and other factors which may
cause our actual results, performance or achievements, or industry
results, to be materially different from any future results,
performance or achievements expressed or implied by such
forward-looking statements. When used in this document, such
statements use such words as "may," "will," "expect," "continue,"
"believe," "plan," "intend," "would," "could," "should,"
"anticipate" and other similar terminology. Forward-looking
statements are provided for the purpose of providing information
about management's current expectations and plans relating to the
future. Persons reading this news release are cautioned that such
information may not be appropriate for other purposes.
Such forward-looking statements include the statements regarding
financial and other projections as well as statements regarding
Redknee's future plans, objectives or performance for the current
period and subsequent periods and regarding the markets for our
products. These statements reflect current assumptions and
expectations regarding future events and operating performance and
speak only as of the date of this document. Forward-looking
statements involve significant risks and uncertainties, should not
be read as guarantees of future performance or results, and will
not necessarily be accurate indications of whether or not such
results will be achieved. A number of factors could cause actual
results to vary significantly from the results discussed in the
forward-looking statements, including, but not limited to, the
inability of Redknee's products to perform as expected, a material
adverse change in the affairs of Redknee, and the factors discussed
under the "Risk Factors" section of Redknee's most recently filed
AIF which is available on SEDAR at www.sedar.com and on
Redknee's web-site at www.redknee.com. Other unknown or
unpredictable factors or underlying assumptions subsequently
proving to be incorrect could cause actual results to differ
materially from those in the forward-looking statements.
Although the forward-looking statements contained in this
document are based upon what Redknee believes are reasonable
assumptions, Redknee cannot assure investors that our actual
results will be consistent with these forward-looking statements.
Redknee assumes no obligation to update or revise these
forward-looking statements to reflect new events or circumstances,
except as required by securities law.
About Omantel:
Omantel is the pioneer provider of
leading edge telecommunications services in the Sultanate of
Oman connecting individuals,
enterprises and government across the country through a
state-of-the-art network. By offering unmatched range of innovative
products and after-sales service, Omantel is the market leader. We
serve our individual and corporate customers nationwide through
online channels, shops and distributors. On the wholesale and
global operations level, Omantel has a Wholesale Unit dedicated for
providing advanced tailored carrier solutions to local or
international Telecom Operators, Content Partners as well as
Resellers. The solutions include a full suite of telecom and
hosting services to connect partners networks and exchange traffic
globally and locally. Our unique international cable and satellite
capacity position provides our customers with unparalleled reach
and redundancy to any place in the world.
Omantel is listed on the Muscat Stock Market and trades under
the name OTL.OM. For more information, please visit our website
www.omantel.om.
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 digital services across utilities and smart
meters, transportation, connected homes and vehicles, and other
enterprises that are emerging from the growing ecosystem of the
Internet of Things (IOT). 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.