Redknee Secures MVNO Contract with Asia Pacific Operator

Redknee has announced that an unnamed Tier-1 operator from the Asia Pacific region has selected its InBill solution to manage its wholesale billing with its Mobile Virtual Network Operator (MVNO) partners through Redknee's service bureau operations.

The operator maintains a large wholesale division, providing telecommunications services to other service providers and carriers around the globe. As a result, it required a complete wholesale billing solution that supported multiple business models and addressed multi-party settlement requirements.

InBill's solution service bureau offering provides the operator with the tools and expertise to achieve converged settlement, the ability to process event records from any source, enhanced reporting and an independent tool for revenue assurance. Redknee's service bureau is a cost-efficient model for the operator, delivering a turnkey wholesale billing solution that is reliable and scalable to meet the growing needs of its business.

"We are pleased to be selected as the provider of choice for this leading operator's wholesale billing and content settlement needs. Redknee remains committed to delivering our software solutions through both traditional license and service bureau business models," Lucas Skoczkowski, Redknee's CEO stated. "This new contract further advances Redknee's strategy of growing our business both organically and through acquisition, as we focus on expanding our global customer footprint and increasing recurring revenue."

Posted to the site on 7th July 2009