Redknee Enables TSTT's Prepaid Customers to Join the Blackberry(R) Phenomenon
February 11 2009 - 7:00AM
PR Newswire (US)
REDKNEE introduces PREPAID charging SOLUTION for use with
BLACKBERRY(R) smartphones TORONTO, Feb. 11 /PRNewswire-FirstCall/
-- Redknee (TSX/AIM: RKN), a leading provider of mission-critical
software and solutions for communications service providers, is
pleased to announce that Telecommunications Services of Trinidad
and Tobago (TSTT) has expanded Redknee's existing contract to
include providing prepaid charging services for BlackBerry(R)
smartphones. Using Redknee's new Prepaid Smartphone Charging
solution, TSTT now enables all of their subscribers to enjoy
high-value services that were previously only available to postpaid
customers. More than 90 percent of Trinidad and Tobago's mobile
population use prepaid services(1). The nation's three mobile
operators are aggressively competing to increase their relative
share of the prepaid subscriber base. Redknee Prepaid Smartphone
Charging, part of Redknee's Next-Generation Rating and Charging
portfolio, has enabled TSTT to expand the reach of its popular
BlackBerry(R) service to its prepaid subscribers. Launched
successfully in December 2008, it allows TSTT to extend the service
and offer the same email, messaging and browsing experience on
BlackBerry(R) smartphones for prepaid subscribers as it does for
postpaid subscribers. "With Redknee's Prepaid Smartphone Charging,
TSTT has the ability to deliver a highly desired, premium service
to our prepaid subscriber base. TSTT is the leading wireless
operator in Trinidad/Tobago, and we pride ourselves in being able
to offer our subscribers the services they want, with the flexible
payment options they expect. Redknee provides a flexible,
transparent solution that can rapidly adapt to market requirements
and device evolution," states Jay Alvi, Executive Vice President,
Enterprise Services at TSTT. "Redknee delivered the solution for us
in very short order, so we could launch in time for the Christmas
selling season. That was very important to TSTT as the Christmas
season is a big selling time for mobile. Redknee delivered their
solution on time, which allowed us to hit a critical market
window." "Universally, the BlackBerry(R) smartphone and associated
services have been a hit with mobile subscribers and prepaid
customers have often been excluded from experiencing these popular
data services. Redknee helps wireless operators to address the
needs of all of their subscribers, regardless of payment type. We
enable operators to charge for new data services such as wireless
email and location-based and social networking applications," says
Lucas Skoczkowski, Redknee's CEO. "We are pleased to be able to
partner with TSTT to continue to help deliver the innovative
services they have become known for in their market." For more
information please visit Redknee's website http://www.redknee.com/
The Trademark BlackBerry(R) is owned by Research In Motion Limited
and is registered in the United States and may be pending or
registered in other countries. Redknee Solutions Inc. is not
endorsed, sponsored, affiliated with or otherwise authorized by
Research In Motion Limited. (1)Source: 2007 Annual Market Report
Telecommunications and Broadcasting Sectors, Authority of
Telecommunications Trinidad and Tobago. 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 lifetime 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/AIM: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/ The products,
solutions and services described via this press release may be
subject to certain geographic limitations and restrictions in their
use. For additional information please contact: Media Relations
Contact: Ashleigh Young Mi liberty +44 (0)20 7751 4444 Mark Yaphe,
Vice President, Product Management & Marketing +1 905 625 2298
Nomad: Canaccord Adams Limited Ryan Gaffney/Andrew Chubb +44 (0)
207 050 6500 Financial Public Relations : Jeremy Garcia Buchanan
Communications +44 (0) 20 7 466 5000 Redknee Solutions: Colley
Clarke, Chief Financial Officer +1 905 625 2604 DATASOURCE: Redknee
CONTACT: Ashleigh Young, Media Relations Contact, of Mi liberty,
+44-(0)20-7751-4444, ; Mark Yaphe, Vice President, Product
Management & Marketing of Redknee, +1-905-625-2298, ; Colley
Clarke, Chief Financial Officer of Redknee Solutions,
+1-905-625-2604, ; Ryan Gaffney/Andrew Chubb of Nomad: Canaccord
Adams Limited, +44-(0)-207-050-6500; or Jeremy Garcia, Financial
Public Relations, of Buchanan Communications,
+44-(0)-20-7-466-5000, Web Site: http://www.redknee.com/
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