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Redknee Partners With Telefonica O2 Ireland on Prepaid Mobile Broadband
TORONTO, March 23, 2010-- Redknee (TSX: RKN), a leading provider of business-critical software
and solutions for communications service providers, is pleased to announce
that its real-time rating and charging solution is now powering Telefonica
O2 Ireland's mobile broadband service for its prepaid customers.
Redknee's Next Generation Rating and Charging (NGRC) solution, in
addition to already supporting O2's mobile internet services for prepaid
and post-paid customers, enables O2 to provide prepaid mobile broadband
customers with flexible pricing plans, such as daily or monthly packages.
O2 provides its customers with enhanced account visibility and access via a
web portal where they can instantly view their balances in real-time and
top-up online if necessary. NGRC also enables O2 subscribers to set alerts
when they are close to their usage threshold, so they can choose to top up
their account or manage their future usage.
Telefonica O2 Ireland's Chief Technology Officer, Pat Moynihan comments:
"It was a priority for O2 to deliver a prepaid mobile broadband
offering to our customers in 2009. Redknee was selected to deliver the
project based on their technical NGRC solution that enables our customers
to have real time and flexible charging capabilities. There was a very
strong commitment throughout the project to deliver on our customers'
expectations and the feedback from our customers since launch has been very
positive".
Redknee's CEO Lucas Skoczkowski comments:
"We are pleased to support Telefonica O2 Ireland's prepaid mobile
broadband offering. Redknee continues to deliver on its commitment to
monetize operators' services for all their subscribers across all service
types - data, content, location, messaging or voice in wireless, fixed and
broadband environments. At Redknee we are committed to our customers'
success and remain focused on producing patented, award winning, business
critical software solutions that deliver results."
Redknee's NGRC is a proven, real-time rating, charging, and policy
management solution for mobile data services. It is based on patented
technology and offers communications service providers the flexibility and
scalability to launch new services, while creating new revenue streams
based on diverse pricing options for both prepaid and postpaid subscribers.
NGRC enables operators to rate and charge for all their data services,
including in-demand offerings such as mobile broadband and mobile TV,
helping them to monetize these new services and drive ARPU growth. It gives
service providers the flexibility to charge for these services in ways that
work best for their subscribers, whether prepaid, postpaid, or a hybrid of
both - and based on time or bandwidth consumed. Redknee NGRC offers service
providers a flexible and scalable solution that seamlessly integrates into
existing systems, maximizing the current network infrastructure and
differentiating its services from the competition.
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 http://www.redknee.com.
For further information: Media Relations Contact: Rachael Parker, Mi
liberty, +44(0)207751-4444, rparker@miliberty.com; Redknee Solutions: David
Charron, Chief Financial Officer, +1(905)625-2943, David.charron@redknee.
com; Humera Malik, Director, Product Management & Marketing, +1(905)625-
2102, humera.malik@redknee.com; Investor Relations: Isabel Fernandes-Cunha,
+1(905)625-2421, isabel.fernandes@redknee.com or
investor_relations@redknee.com
Source: Redknee Solutions Inc.
For further information: Media Relations Contact: Rachael Parker, Mi liberty, +44(0)207751-4444, rparker@miliberty.com; Redknee Solutions: David Charron, Chief Financial Officer, +1(905)625-2943, David.charron@redknee.com; Humera Malik, Director, Product Management & Marketing, +1(905)625-2102, humera.malik@redknee.com; Investor Relations: Isabel Fernandes-Cunha, +1(905)625-2421, isabel.fernandes@redknee.com or
investor_relations@redknee.com
Redknee Partners With Telefonica O2 Ireland on Prepaid Mobile Broadband
TORONTO, March 23, 2010-- Redknee (TSX: RKN), a leading provider of business-critical software
and solutions for communications service providers, is pleased to announce
that its real-time rating and charging solution is now powering Telefonica
O2 Ireland's mobile broadband service for its prepaid customers.
Redknee's Next Generation Rating and Charging (NGRC) solution, in
addition to already supporting O2's mobile internet services for prepaid
and post-paid customers, enables O2 to provide prepaid mobile broadband
customers with flexible pricing plans, such as daily or monthly packages.
O2 provides its customers with enhanced account visibility and access via a
web portal where they can instantly view their balances in real-time and
top-up online if necessary. NGRC also enables O2 subscribers to set alerts
when they are close to their usage threshold, so they can choose to top up
their account or manage their future usage.
Telefonica O2 Ireland's Chief Technology Officer, Pat Moynihan comments:
"It was a priority for O2 to deliver a prepaid mobile broadband
offering to our customers in 2009. Redknee was selected to deliver the
project based on their technical NGRC solution that enables our customers
to have real time and flexible charging capabilities. There was a very
strong commitment throughout the project to deliver on our customers'
expectations and the feedback from our customers since launch has been very
positive".
Redknee's CEO Lucas Skoczkowski comments:
"We are pleased to support Telefonica O2 Ireland's prepaid mobile
broadband offering. Redknee continues to deliver on its commitment to
monetize operators' services for all their subscribers across all service
types - data, content, location, messaging or voice in wireless, fixed and
broadband environments. At Redknee we are committed to our customers'
success and remain focused on producing patented, award winning, business
critical software solutions that deliver results."
Redknee's NGRC is a proven, real-time rating, charging, and policy
management solution for mobile data services. It is based on patented
technology and offers communications service providers the flexibility and
scalability to launch new services, while creating new revenue streams
based on diverse pricing options for both prepaid and postpaid subscribers.
NGRC enables operators to rate and charge for all their data services,
including in-demand offerings such as mobile broadband and mobile TV,
helping them to monetize these new services and drive ARPU growth. It gives
service providers the flexibility to charge for these services in ways that
work best for their subscribers, whether prepaid, postpaid, or a hybrid of
both - and based on time or bandwidth consumed. Redknee NGRC offers service
providers a flexible and scalable solution that seamlessly integrates into
existing systems, maximizing the current network infrastructure and
differentiating its services from the competition.
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 http://www.redknee.com.
For further information: Media Relations Contact: Rachael Parker, Mi
liberty, +44(0)207751-4444, rparker@miliberty.com; Redknee Solutions: David
Charron, Chief Financial Officer, +1(905)625-2943, David.charron@redknee.
com; Humera Malik, Director, Product Management & Marketing, +1(905)625-
2102, humera.malik@redknee.com; Investor Relations: Isabel Fernandes-Cunha,
+1(905)625-2421, isabel.fernandes@redknee.com or
investor_relations@redknee.com
Source: Redknee Solutions Inc.
For further information: Media Relations Contact: Rachael Parker, Mi liberty, +44(0)207751-4444, rparker@miliberty.com; Redknee Solutions: David Charron, Chief Financial Officer, +1(905)625-2943, David.charron@redknee.com; Humera Malik, Director, Product Management & Marketing, +1(905)625-2102, humera.malik@redknee.com; Investor Relations: Isabel Fernandes-Cunha, +1(905)625-2421, isabel.fernandes@redknee.com or
investor_relations@redknee.com