Redknee Solutions has announced on Thursday that a leading communications service provider (CSP) in Asia Pacific with over 35million mobile subcribers has signed a $9 million dollar agreement with Redknee to increase its software licenses, services and support.
According to a statement by Redknee, the increase is part of the CSP's strategy to support the growth of its 4G/LTE network. Redknee's integrated charging, billing, policy management and customer care enables the CSP to generate new revenue streams, launch innovative data services faster to the market and enrich the customer experience with personalized offers, real-time notifications and customer self-care.
"This multi-million dollar agreement with a Tier-1 service provider emphasizes Redknee's ability to support our customers with innovative solutions to enable their LTE roll-out. As an increasing number of subscribers migrate to LTE services, we see the opportunity to further grow with this customer as they expand Redknee software licenses. Furthermore, the Asia Pacific region is projected as having the highest adoption of data services and fastest LTE migration, which presents a great growth opportunity for Redknee to expand the presence of our integrated charging, billing, policy management and customer care platform. Redknee supports over 200 service providers from around the world and will continue to invest in our real-time software to advance our position as the provider of choice for monetization and subscriber management solutions."
- Lucas Skoczkowski, CEO, Redknee
