Subscribe to AfterDawn's weekly newsletter.
Redknee Announces Two Contracts With Digicel Group in Honduras and Panama
TORONTO, April 1 /PRNewswire/ --
- Solution Provides Postpaid Billing Services To Support Growth
Redknee (TSX: RKN), a leading provider of mission-critical software and
solutions for communications service providers, is pleased to announce two
contracts with the Digicel Group ("Digicel"), the largest mobile
telecommunications operator in the Caribbean and a new entrant to the Central
American mobile market.
Digicel selected Redknee's Turnkey Converged Billing solution to provide
postpaid billing, invoicing and some customer care services to operations in
both Honduras and Panama, supporting Digicel's rapid growth strategy. As the
fastest growing mobile network operator in the Caribbean and with ambitious
growth prospects in Central and Latin America, Digicel required a scalable
customer relationship management system with a proven invoicing solution for
postpaid wireless customers.
Mario Assaad, Digicel Group's Chief Technology Officer, stated:
"Digicel has worked with Redknee as we have expanded services across the
Caribbean and Central America. We are optimistic that these contracts will
support our growth in Panama and Honduras."
Lucas Skoczkowski, CEO of Redknee stated:
"The high growth markets are an important part of Redknee's growth
strategy, and we have been consistently gaining market share in these
regions, especially with our Turnkey Converged Billing solution. We look
forward to continuing to support Digicel's growth in Central America."
For more information about Redknee, visit www.redknee.com.
About Redknee:
Redknee is a leading global provider of innovative communication software
products, solutions and services. Redknee's award-winning solutions enable
operators to monetize the value of each subscriber transaction while
personalizing the subscriber experience to meet mainstream, niche and
individual market segment requirements. Redknee's revenue generating
solutions provide advanced converged billing, rating, charging and policy for
voice, messaging and new generation data services to over 70 network
operators in over 50 countries. Established in 1999, Redknee Solutions Inc.
(TSX: RKN) is the parent of the wholly-owned operating subsidiary Redknee
Inc. and its various subsidiaries. References to Redknee refer to the
combined operations of those entities. For more information, visit
http://www.redknee.com.
About Digicel:
Since its launch in 2001, Digicel has become the largest wireless
telecommunications operator in the Caribbean and the fastest growing wireless
operator in Central America and Pacific. The company operates in 31 markets
worldwide with total investments exceeding US$3.4 billion.
For more information, visit www.digicelgroup.com.
Caution Regarding Forward-Looking Information:
This release contains forward-looking information within the meaning of
applicable securities laws ("forward-looking statements") that relate to
Redknee's product performance and capabilities, Redknee, customer and third
party investment and resource allocation decisions, and business, economic
and market conditions. Forward-looking statements are not promises or
guarantees and involve known and unknown risks, uncertainties and other
factors and assumptions that may cause the actual results, performance or
achievements of Redknee, or developments in Redknee's business or industry,
to differ materially from anticipated results, performance or achievements or
developments expressed or implied by such forward-looking statements. Such
factors include, but are not limited to: technological change and changes in
the industry in which Redknee competes; changing global economic conditions
and uncertainties; investment and resource allocation decisions of the
company and its customers and partners; product performance and capabilities
of the company's solutions and products; loss of key customers; and other
risks detailed in the Company's filings with the Ontario Securities
Commission including Redknee's Annual Information Form dated for the fiscal
year ended September 30, 2008. Readers are cautioned not to place undue
reliance upon any such forward-looking statements, which speak only as of the
date made and which are provided for the purpose of providing information
about management's current expectations and plans relating to the future.
Readers are cautioned that such information may not be appropriate for other
purposes. Redknee does not undertake or accept any obligation or undertaking
to release publicly any updates or revisions to any forward-looking
statements to reflect any change in its expectations or any change in events,
conditions or circumstances on which any such statement is based, except as
required by law.






