ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

RKN Redknee Sol.

18.50
0.00 (0.00%)
Last Updated: 01:00:00
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

African Operator Update

21/11/2007 9:00am

RNS Non-Regulatory



Redknee Solutions Inc.
21 November 2007


Media Relations Contact:                Investor Relations Contact:

                         
Heidi Rosenberg                         Jeremy Garcia      
NPI PR                                  Buchanan Communications
+1 831-440-2405                         +44 (0) 20 7 466 5000
heidi@npipr.com                         jeremyg@buchanan.uk.com

Dalia Asterbadi                         Colley Clarke
+1 905 625 2636                         +1 905 625 2604
dalia.asterbadi@redknee.com             colley.clarke@redknee.com



Immediate Release                                               21 November 2007
                                                                          

                             Redknee Solutions Inc

                          African Operator Selects the
                   Redknee Turnkey Converged Billing Solution

New GSM Operation selects Redknee's Turnkey Converged Billing Solution to Enable
Growth and Streamline Operations Across Multiple Access Networks.
TORONTO - November. 21, 2007 - Redknee Solutions Inc. ("Redknee" or the
"Company") (AIM: RKN), a leading provider of innovative software that monetizes
and personalizes services and content for mobile operators, today announced that
an African mobile operator has selected Redknee's Turnkey Converged Billing
solution for over 200 000 subscribers across their multiple networks. Growth of
the license is anticipated at between 30% - 40% a year for the next 2 years.

Market-readiness was a key factor in Redknee's successful tender given their
ability to deploy a solution that can be integrated seamlessly with existing
services, creating significant cost savings and an opportunity to launch
advanced pricing packages for both new and existing services.

Accelerating time-to-market was a key factor for the operator in selecting
Redknee to deploy a robust solution that can be integrated seamlessly with
existing services. Redknee will provide the operator with its Turnkey Converged
Billing solution that includes customer relationship management, loyalty,
real-time rating and charging for mobile voice, data and value-added messaging
and services. With this subscriber-centric solution, the operator will have the
opportunity to reach a broader base of customers creating growth and strong
differentiation in the competitive African market.

Lucas Skoczkowski, CEO at Redknee, commented:

"We are very excited with the new win in Africa for the Redknee's Turnkey
Converged Billing solution. By selecting the Redknee solution, the operator is
proving the case for the subscriber-centric approach to service billing and
delivery in a fast growing market. We are confident that the Redknee solution
will provide the operator with a competitive advantage. We continue to invest in
Africa, the Middle East and Southeast Asia, where we are focusing on
product-based solutions along with strong support to address the needs of the
operators."

For more information about Redknee, please visit www.redknee.com.

About Redknee:

Redknee (RKN : AIM), established in 1999, provides real-time monetization and
personalization products, solutions and services to over 30 mobile operators
globally. Redknee Monetization product suite enables mobile network operators to
optimize the lifetime value of each subscriber through advanced billing, rating
and charging. Redknee Personalization product suite enables operators to offer
personalized voice, messaging, and data services for the enterprise and
consumers to meet mainstream, niche and individual market segment requirements.
Redknee customers provide services to over 290 million wireless subscribers in
over 20 countries. Redknee Solutions Inc. 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, please visit www.redknee.com.

###

                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
NRABBBPTMMTTMBR

1 Year Redknee Sol. Chart

1 Year Redknee Sol. Chart

1 Month Redknee Sol. Chart

1 Month Redknee Sol. Chart

Your Recent History

Delayed Upgrade Clock