TORONTO – August 8, 2013 Redknee Solutions Inc. (TSX:RKN), a leading provider of business-critical billing and charging software and solutions for communications service providers (CSPs), is pleased to announce that a Tier 1 APAC operator is launching Redknee’s latest release of its Policy Management solution. Selected for its scalability, flexibility and performance, Redknee’s Policy Management solution will support the APAC operator’s launch of Voice over LTE (VoLTE) services with innovative data plans and offerings and delivering an advanced customer experience.

To support the launch of LTE services, such as VoLTE and multi-media services, and partnerships with Over-the-Top providers, service providers are moving away from ‘all you can eat’ data plans as they focus on providing highly contextualized and personalized pricing plans to their subscribers, such as those based on quality of service, location or time of day. According to a recent report by Infonetics Research, a policy engine is essential to achieving the full benefits of LTE. Deploying the latest release of Redknee’s Policy Charging and Rating Function solution (PCRF), PCS-5000, the operator will benefit from the significant enhancements in operational flexibility, superior performance and support of multi-service network environments and services, such as VoLTE. Redknee’s flexible solution allows service providers to efficiently define and create their own policies quickly. In addition, through its productized approach, Redknee minimizes integration and customization requirements and therefore reduces the cost and time-to-market to deploy its Policy Management solution. 

Shira Levine, Directing Analyst for Service Enablement and Subscriber Intelligence at Infonetics Research, commented:

“Policy management provides better visibility into and control of access networks, allowing operators to tailor the customer experience, better manage new services and capabilities as they roll them out, and manage the ever-growing range of end-user devices. When a policy solution is combined with a real-time charging engine, it increases its value exponentially by facilitating innovative pricing models. With its integrated charging and policy solution, combined with its Tier 1 customer base, Redknee is well-positioned to take a leadership position in the revenue and policy management space.”

Lucas Skoczkowski, CEO of Redknee, commented:

“We are pleased to announce the launch of the latest version of our Policy Management solution at this leading Tier 1 APAC operator. Today Redknee’s PCS-5000 supports more than 55 operators with nearly 1.2 billion subscribers across the world, enabling operators to maximize the return on their 4G investment, build a competitive advantage through innovative data and multimedia services and improve the quality of experience to their subscribers. As a leader in real-time monetization and subscriber management software for the telecoms market, we will continue to invest in our comprehensive portfolio of billing, charging, policy and customer care solutions to enable Tier 1 operators and communications service providers to increase revenues, grow profitability and advance the customer experience.”