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RKN Redknee Sol.

18.50
0.00 (0.00%)
17 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Redknee Sol. LSE:RKN London Ordinary Share CA7575241038 COM SHS NPV (CDI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 18.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

REDKNEE INTRODUCES PREPAID CHARGING SOLUTION

11/02/2009 7:00am

RNS Non-Regulatory



 

TIDMRKN 
 
 
Redknee Solutions Inc. 
11 February 2009 
 
? 
 
For Immediate Release 
                                        11 February 2009 
 
Redknee Solutions Inc. 
("Redknee" or "the Company") 
 
 
Redknee Enables TSTT's Prepaid Customers to Join the BlackBerry  Phenomenon 
REDKNEE introduces PREPAID charging SOLUTION for use with 
BLACKBERRY  smartphones 
 
 
TORONTO - February 11, 2009 - Redknee (TSX/AIM: RKN), a leading provider of 
mission-critical software and solutions for communications service providers, is 
pleased to announce that Telecommunications Services of Trinidad and Tobago 
(TSTT) has expanded Redknee's existing contract to include providing prepaid 
charging services for BlackBerry  smartphones. Using Redknee's new Prepaid 
Smartphone Charging solution, TSTT now enables all of their subscribers to enjoy 
high-value services that were previously only available to post-paid customers. 
 
 
 
More than 90 percent of Trinidad and Tobago's mobile population use pre-paid 
services1. The nation's three mobile operators are aggressively competing to 
increase their relative share of the prepaid subscriber base. Redknee Prepaid 
Smartphone Charging, part of Redknee's Next-Generation Rating and Charging 
portfolio, has enabled TSTT to expand the reach of its popular BlackBerry 
service to its prepaid subscribers. Launched successfully in December 2008, it 
allows TSTT to extend the service and offer the same email, messaging and 
browsing experience on BlackBerry  smartphones for prepaid subscribers as it 
does for postpaid subscribers. 
 
"With Redknee's Prepaid Smartphone Charging, 
TSTT has the ability to deliver a highly desired, premium service to our 
pre-paid subscriber base. TSTT is the leading wireless operator in 
Trinidad/Tobago, and we pride ourselves in being able to offer our subscribers 
the services they want, with the flexible payment options they expect. Redknee 
provides a flexible, transparent solution that can rapidly adapt to market 
requirements and device evolution," states Jay Alvi, Executive Vice President, 
Enterprise Services at TSTT. 
 
 
"Redknee delivered the solution for us in very short order, so we could launch 
in time for the Christmas selling season. That was very important to TSTT as the 
Christmas season is a big selling time for mobile. Redknee delivered their 
solution on time, which allowed us to hit a critical market window." 
 
 
 "Universally, the BlackBerry  smartphone and associated services have been a 
hit with mobile subscribers and pre-paid customers have often been excluded from 
experiencing these popular data services. Redknee helps wireless operators to 
address the needs of all of their subscribers, regardless of payment type. We 
enable operators to charge for new data services such as wireless email and 
location-based and social networking applications," says Lucas Skoczkowski, 
Redknee's CEO. "We are pleased to be able to partner with TSTT to continue to 
help deliver the innovative services they have become known for in their 
market." 
 
For more information please visit Redknee's website www.redknee.com 
 
 
The Trademark BlackBerry  is owned by Research In Motion Limited and is 
registered in the United States and may be pending or registered in other 
countries. Redknee Solutions Inc. is not endorsed, sponsored, affiliated with or 
otherwise authorized by Research In Motion Limited. 
 
1 Source: 2007 Annual Market Report Telecommunications and Broadcasting Sectors, 
Authority of Telecommunications Trinidad and Tobago. 
 
 
 
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 lifetime 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/AIM: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/ 
 
The products, solutions and services described via this press release may be 
subject to certain geographic limitations and restrictions in their use. 
 
For additional information please contact: 
 
+---------------------------------------------------+---------------------------------------------------+ 
| Media Relations Contact:                          | Financial Public Relations :                      | 
| Ashleigh Young                                    | Jeremy Garcia                                     | 
| Mi liberty                                        | Buchanan Communications                           | 
| +44 (0)20 7751 4444                               | +44 (0) 20 7 466 5000                             | 
| ayoung@miliberty.com                              | jeremyg@buchanan.uk.com                           | 
|                                                   |                                                   | 
| Mark Yaphe, Vice President, Product Management &  | Redknee Solutions:                                | 
| Marketing                                         | Colley Clarke, Chief Financial Officer            | 
| +1 905 625 2298                                   | +1 905 625 2604                                   | 
| mark.yaphe@redknee.com                            | Colley.clarke@redknee.com                         | 
|                                                   |                                                   | 
| Nomad:                                            |                                                   | 
| Canaccord Adams Limited                           |                                                   | 
| Ryan Gaffney/Andrew Chubb                         |                                                   | 
| +44 (0) 207 050 6500                              |                                                   | 
|                                                   |                                                   | 
| ###                                               |                                                   | 
+---------------------------------------------------+---------------------------------------------------+ 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 NRAURARRKVRUAUR 
 

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