TORONTO, March 22, 2017 /CNW/ - 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 won a
multi-million dollar Redknee Unified upgrade with a Tier 1
communication service provider (CSP) in Japan. The operator is experiencing increasing
demand for 4G services while its subscriber base expands rapidly.
The solution will upgrade Redknee's integrated policy and charging
solution to support more than 30 million subscribers. It will also
add support for new capabilities such as Voice-over-LTE (VoLTE).
The win demonstrates Redknee's ability to scale its solutions to
meet the needs of a growing Tier 1 CSP while supporting 4G service
offerings that require an agile and innovative approach to achieve
customer satisfaction and success.
Consumers are increasingly using data rich services such as HD
voice and multimedia services, and this is prompting CSP's to
invest in new technologies that support increasing volumes of data
and traffic. VoLTE is quickly being adopted because it can deliver
faster onboarding, shorter call setup times, and improved spectral
efficiency. An article in Vanilla Plus suggests there are more than
78 VoLTE deployments globally, and it continues to be rolled out in
increasing numbers. With more complex service offerings becoming
mainstream, CSP's need monetization solutions capable of monetizing
next generation services. Operators are also able to improve the
overall customer experience by using one single monetization
platform, such as Redknee Unified, to support the entire business
resulting in simpler processes and fast launch of real-time
personalized notifications and offers.
Danielle Royston, Redknee's CEO
commented:
"Redknee understands the importance of customer success. Redknee's
agile and scalable solutions support new technologies and service
offerings, such as VoLTE, which allow our customers to improve
quality of service, drive innovation, and deliver successfully to
all of their subscribers."
About Redknee:
Redknee monetizes today's digital
world. We provide a complete portfolio of mission-critical
monetization and subscriber management solutions, including
real-time billing, charging, policy and customer care modules,
which allow Communications Service Providers to charge for things
in new and innovative ways and create a unique user experience.
Available on premise, cloud-based, or as a Software-as-a-Service,
Redknee's low-risk, flexible solutions power more than 250
businesses across the globe. 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.