Vodacom Upgrades Its BSS With Redknee

TORONTO -- Redknee Solutions Inc. (TSX: RKN), a leading provider of real-time monetization and subscriber management software, is pleased to announce that Vodacom, a leading South African operator has signed a multi-million dollar order to upgrade to the latest version of Redknee Unified. With Redknee’s flexible billing, charging and rating platform, Vodacom is able to launch advanced products, promotions and new service offerings to its subscribers, target new market segments, and support its data/LTE growth strategy. This deal highlights Redknee’s capability and expertise to enable Tier 1 operators and communications service providers (CSPs) with the benefits of its flexible, scalable solution, which provides fast time-to-market to launch new innovative services and offerings from a centralized platform.

To maintain its market-leading position, Vodacom required a solution that would allow it to quickly deliver and monetize differentiated services to its customers. With Redknee Unified, Vodacom is equipped to maximize the value of its network and increase profitability. Redknee’s real-time converged billing and charging platform provides multi-tenancy capabilities, enabling Vodacom to host multiple operations, like Vodacom Lesotho and others, from a single platform. The solution allows Vodacom to reduce operating costs, enhance the experience of its customers and introduce new revenue generating business models to support future growth objectives, such as diversifying into other industries and cooperating with business partners for M2M communications and the Internet of Things (IoT).

Redknee Inc. (Toronto TSX: RKN)