REDKNEE'S BILLING SOLUTION PROPELS GROWTH AT BINTEL'S AZUR NETWORK
TORONTO, Nov. 9 /PRNewswire/ - November 9, 2010 - Redknee (TSX:RKN), a leading provider of business-critical billing and charging software and solutions for communications service providers, is pleased to announce at AfricaCom that Azur Congo Brazzaville, a subsidiary of group operator Bintel Ltd, has increased its investment in Redknee's billing and customer care solution in response to the fast customer acquisition it has experienced since it launched in September 2010. This further demonstrates the value that Redknee's solutions provide to high growth service providers that need to launch services and promotions fast to the market in order to quickly capture market share.
Since launching its Azur Congo operation in September 2010, Bintel Group has experienced rapid growth that has disrupted the highly competitive mobile market in the Republic of Congo. Redknee's Turnkey Converged Billing (TCB) solution has enabled Azur Congo to achieve the benefits of a fully converged real-time billing and customer care platform such as delivering a high-value subscriber experience by quickly launching targeted promotions and services and the ability to offer electronic, prepaid wireless airtime top-ups.
Stephane Beuvelet, General Manager, Azur Congo Brazzaville commented:
"Bintel is very pleased with the successful entry into the Republic of Congo. The launch of innovative new services and our focus on providing an advanced customer experience has shaken up the Republic of Congo's market and has positioned us to be at the forefront of leading the market into the next generation. As a leader in high-growth billing, customer care and Electronic Voucher Distribution (EVD) solutions, Redknee has been a valuable partner to Bintel Group as we implement our successful expansion strategy across Africa and the Middle East."
In addition to its property in the Republic of Congo, Redknee proudly works with the group mobile network operator in other African markets, including Gabon and Central African Republic.
Lucas Skoczkowski, Redknee's CEO commented:
"The additional investment in Redknee's platform months ahead of its projection reinforces the value that Redknee's real-time converged billing solutions provide to drive growth, profitability and market differentiation for our customers. At Redknee, we continue to invest in real-time monetization solutions to support the growth of mobile data and content for wireless and non-wireless subscribers around the world."
Redknee's award-winning TCB is a complete billing and customer care solution that delivers centralized business intelligence and a full suite of billing capabilities to operators around the globe. The solution extends beyond traditional billing and functions as a merchandising platform that optimizes and improves the overall subscriber service experience. As a result, network operators can better manage partner relationships, quickly roll out new services and deliver targeted, real-time promotions to their subscribers. Its real-time rating and charging capabilities enable triple and quad-play operators to process all payment types from a single platform - prepaid, postpaid and hybrid accounts can all be managed with ease. From activation and provisioning, to real-time rating, billing, invoicing, partner management, airtime reseller services, and full customer care capabilities, TCB expertly addresses the needs of network operators throughout the world's high growth markets.
For more information about Redknee and its solutions, please go to www.redknee.com.
Bintel is registered in Jebel Ali - Dubai in 2007, headquartered in Bahrain, and operates in the telecom operations and service providing sector with a current focus on the emerging markets. The company presently has offices in Bahrain, UAE, and Lebanon.
Bintel has operated its mobile services in Central African Republic since mid 2007 and in Somaliland since mid 2008, and launched service in Gabon in October 2009. It holds a majority stake in Swiss-based Telesonique. Bintel launched commercial services in Congo Brazzaville on 15th September 2010.
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 90 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 www.redknee.com.
SOURCE Redknee Solutions Inc.