Redknee enters Indian wireless market

TORONTO, CANADA: Redknee, a leading provider of mission-critical software and services for mobile operators and communications service providers, today announced that a leading Indian wireless operator will be deploying Redknee's real-time rating and charging solution IPRC.

India is currently the fastest growing wireless market in the world, and in April 2008 it surpassed the US to become the second largest market as well. With a rapidly expanding customer base, the operator will be leveraging Redknee's IPRC solution to address its specific need to deliver flexible and tailored pricing plans to over two million subscribers. Redknee partnered in this opportunity with one of the most prominent vendors in this space.

With the implementation of Redknee's highly scalable, real-time rating and charging solution, the operator will be able to quickly roll out tiered and bundled pricing plans for their growing list of new data services. This in turn provides more service options for their subscriber base and will potentially deliver increased revenue for the Operator. Redknee's IPRC solution will also integrate with the operator's own network and their existing billing solution, helping to ensure seamless ongoing operations.

"We are especially excited by this opportunity as this is Redknee's first network operator in India," commented Lucas Skoczkowski, CEO at Redknee. "We look forward to a long and successful relationship as we provide the mission critical support that operators around the globe have come to expect from Redknee. With an expanding base of over 15 network operators in the APAC region, we will continue to deliver solutions that fit the needs of this market. Redknee's real-time rating and charging product, IPRC, does just that."