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Redknee Enables EU Data Roaming at Telfort
TORONTO, and NICE, France, May 18, 2010--
- Redknee supports another European operator to meet new EU data roaming
'bill shock' legislation
Redknee (TSX:RKN), a leading provider of business-critical billing and
charging software and solutions for communications service providers, today
announced at TM Forum Management World that it has signed a contract with
Telfort, a subsidiary of KPN, to extend its use of Redknee's data
monetization platform, NGRC. Redknee's NGRC platform, in addition to already
supporting Telfort's data rating and charging, now also enables the operator
to meet EU mobile broadband roaming regulations. Under the latest EU data
roaming regulations, operators must enable subscribers to cap their spending
while they are roaming as well as provide notifications as subscribers
approach their threshold.
Based in the Netherlands, Telfort's extended investment in NGRC comes
in response to regulation that came into effect in March 2010 by the
European Commission (EC) aimed at preventing situations of excessive
charges, or 'bill shock' occurring while customers are roaming in the
European Union (EU). Redknee's NGRC will enable Telfort to provide more
than 2 million customers with greater transparency into the services they
use and their associated charges while they are abroad. Using NGRC, Telfort
implemented a default spending cap and in the future, Telfort can provide
meaningful and timely balance notifications to their customers, such as
when the balance reaches a certain per cent of their threshold.
Rob de Beer, IT Director of Telfort, comments:
"It was imperative for Telfort to comply with the EU regulations for
data roaming. Redknee helped Telfort to comply in time by swiftly deploying
the required modules on the Redknee's existing IP Charging Gateway. With
the success of this service in March, Telfort decided to continue working
with Redknee to deliver the required functionalities of the next phase of
EU roaming data transparency regulation, which will be implemented by 1st
July 2010."
Redknee's CEO Lucas Skoczkowski comments:
"The launch of the EU data roaming solution is further validation of
Redknee's vision to support our customers to be agile and responsive to
changes in the operating market and industry now and in the future. At
Redknee, we are continuing our investment in solutions that serve the Tier-
1 markets of the Americas, Europe and Australia, along with the high growth
markets of Africa, the Middle East and Asia Pacific, to support the success
of our customers and the execution of our growth strategy."
Redknee's NGRC is a proven platform for providing next generation data
and convergence solutions. The NGRC platform includes Redknee's core usage
management capabilities and standards based interfaces along with data
mediation, a standards-based policy engine and subscriber profile
repository. Based on patented technology, the NGRC platform offers
operators the flexibility and scalability to launch new services, while
creating new revenue streams based on diverse pricing options for both
prepaid, postpaid and hybrid-plan subscribers. Operators can choose to
expand the NGRC platform through a variety of available modules such as
Rating and Charging, Subscriber Usage Manager and the Promotions Manager.
The solution suite enables operators to monetize subscriber usage, better
manage their network assets, and drive ARPU growth, while leveraging
existing billing systems and network investments.
For more information about Redknee and its solutions, please go to
http://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 http://www.redknee.com.
About Telfort
Telfort is a Dutch provider of mobile telecommunications services and
internet. Telfort is focused on both consumer and business customers and
offers simple, clear and affordable products. The products are offered in
Telfort's own shops, the Telfort webshop (http://www.telfort.nl) and via
telecom specialists. Telfort makes use of the networks of KPN. Since 2005
Telfort is a subsidiary of KPN.
For further information: Media Relations Contact: Rachael Parker, Mi
liberty, +44-(0)20-7751-4444, rparker@miliberty.com; Humera Malik,
Director of Marketing and Product Management, +1-(905)-625-2102,
humera.malik@redknee.com; Redknee Solutions: David Charron, Chief
Financial Officer, +1-(905)-625-2943; 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)20-7751-4444, rparker@miliberty.com; Humera Malik,
Director of Marketing and Product Management, +1-(905)-625-2102,
humera.malik@redknee.com; Redknee Solutions: David Charron, Chief
Financial Officer, +1-(905)-625-2943; Investor Relations: Isabel
Fernandes-Cunha, +1-(905)-625-2421, isabel.fernandes@redknee.com or
investor_relations@redknee.com
Redknee Enables EU Data Roaming at Telfort
TORONTO, and NICE, France, May 18, 2010--
- Redknee supports another European operator to meet new EU data roaming
'bill shock' legislation
Redknee (TSX:RKN), a leading provider of business-critical billing and
charging software and solutions for communications service providers, today
announced at TM Forum Management World that it has signed a contract with
Telfort, a subsidiary of KPN, to extend its use of Redknee's data
monetization platform, NGRC. Redknee's NGRC platform, in addition to already
supporting Telfort's data rating and charging, now also enables the operator
to meet EU mobile broadband roaming regulations. Under the latest EU data
roaming regulations, operators must enable subscribers to cap their spending
while they are roaming as well as provide notifications as subscribers
approach their threshold.
Based in the Netherlands, Telfort's extended investment in NGRC comes
in response to regulation that came into effect in March 2010 by the
European Commission (EC) aimed at preventing situations of excessive
charges, or 'bill shock' occurring while customers are roaming in the
European Union (EU). Redknee's NGRC will enable Telfort to provide more
than 2 million customers with greater transparency into the services they
use and their associated charges while they are abroad. Using NGRC, Telfort
implemented a default spending cap and in the future, Telfort can provide
meaningful and timely balance notifications to their customers, such as
when the balance reaches a certain per cent of their threshold.
Rob de Beer, IT Director of Telfort, comments:
"It was imperative for Telfort to comply with the EU regulations for
data roaming. Redknee helped Telfort to comply in time by swiftly deploying
the required modules on the Redknee's existing IP Charging Gateway. With
the success of this service in March, Telfort decided to continue working
with Redknee to deliver the required functionalities of the next phase of
EU roaming data transparency regulation, which will be implemented by 1st
July 2010."
Redknee's CEO Lucas Skoczkowski comments:
"The launch of the EU data roaming solution is further validation of
Redknee's vision to support our customers to be agile and responsive to
changes in the operating market and industry now and in the future. At
Redknee, we are continuing our investment in solutions that serve the Tier-
1 markets of the Americas, Europe and Australia, along with the high growth
markets of Africa, the Middle East and Asia Pacific, to support the success
of our customers and the execution of our growth strategy."
Redknee's NGRC is a proven platform for providing next generation data
and convergence solutions. The NGRC platform includes Redknee's core usage
management capabilities and standards based interfaces along with data
mediation, a standards-based policy engine and subscriber profile
repository. Based on patented technology, the NGRC platform offers
operators the flexibility and scalability to launch new services, while
creating new revenue streams based on diverse pricing options for both
prepaid, postpaid and hybrid-plan subscribers. Operators can choose to
expand the NGRC platform through a variety of available modules such as
Rating and Charging, Subscriber Usage Manager and the Promotions Manager.
The solution suite enables operators to monetize subscriber usage, better
manage their network assets, and drive ARPU growth, while leveraging
existing billing systems and network investments.
For more information about Redknee and its solutions, please go to
http://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 http://www.redknee.com.
About Telfort
Telfort is a Dutch provider of mobile telecommunications services and
internet. Telfort is focused on both consumer and business customers and
offers simple, clear and affordable products. The products are offered in
Telfort's own shops, the Telfort webshop (http://www.telfort.nl) and via
telecom specialists. Telfort makes use of the networks of KPN. Since 2005
Telfort is a subsidiary of KPN.
For further information: Media Relations Contact: Rachael Parker, Mi
liberty, +44-(0)20-7751-4444, rparker@miliberty.com; Humera Malik,
Director of Marketing and Product Management, +1-(905)-625-2102,
humera.malik@redknee.com; Redknee Solutions: David Charron, Chief
Financial Officer, +1-(905)-625-2943; 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)20-7751-4444, rparker@miliberty.com; Humera Malik,
Director of Marketing and Product Management, +1-(905)-625-2102,
humera.malik@redknee.com; Redknee Solutions: David Charron, Chief
Financial Officer, +1-(905)-625-2943; Investor Relations: Isabel
Fernandes-Cunha, +1-(905)-625-2421, isabel.fernandes@redknee.com or
investor_relations@redknee.com