Redknee Wins a Multi-Million Dollar Digital Transformation Deal with Canada's Largest Independently Owned Telecommunications Provider
TORONTO, Aug. 2, 2016 /PRNewswire/ -- Redknee Solutions Inc. (TSX: RKN), a leading provider of real-time monetization and subscriber management software, is pleased to announce the signing of a new multi-million dollar digital transformation contract with Tbaytel, the largest independently owned telecommunications service provider in Canada. This win will leverage Redknee's experience in managing and implementing complex IT transformation projects to modernize Tbaytel's business support systems.
The Redknee solution will consolidate Tbaytel's existing multi-play service offerings onto a single monetization platform, including fixed line, Internet, TV, mobile and security services; improving efficiencies and laying the foundation for Tbaytel's transformation into a digital service provider. Redknee's product catalog and order management system (acquired from Orga Systems) will allow users to select a combination of services and enable the omni-channel customer experience. This new customer win adds to Redknee's growing business in North America, while highlighting Redknee's ability to support complex multi-play business models and perform large-scale IT transformations.
Communications Service Providers (CSPs) around the world are adapting their revenue and business models to maximize the value of new technologies and improve their competitive edge. Redknee's real-time monetization and subscriber management software and services allow CSPs to quickly deploy new capabilities and initiatives that support the evolution towards becoming digital service providers.
Redknee will utilize its proven project management methodology to modernize Tbaytel's business support systems so they can more easily create new service offerings and revenue streams, speeding up the launch of new digital and multi-play converged services and real-time marketing offers. It will also allow Tbaytel to create a more consistent, omni-channel experience for their customers.
Dan Topatigh, Tbaytel's President and CEO commented:
"We are thrilled to be embarking on this project with Redknee, which I have no doubt will be truly transformative for the way we conduct business throughout every level of the Tbaytel organization. The solution will provide Tbaytel with the tools our employees need to better serve our entire customer base while at the same time helping to provide an exceptional experience at each and every touch point we have with our customers."
Lucas Skoczkowski, Redknee's CEO commented:
"Redknee is proud to support the ambitions of such an innovative Canadian company. This is an exciting opportunity that will have a big impact on the entire market, as Tbaytel will be able to deliver the latest in digital services while creating a more seamless user experience for its customers."
Redknee monetizes today's digital world. We provide a complete portfolio of mission-critical monetization and subscriber management solutions and services that allow communications service providers, utility companies, auto makers and enterprise businesses of all types to charge for things in new and innovative ways. Redknee's real-time billing, charging, policy and customer care offerings provide the agility and scalability to drive a unique user experience, increase profitability and support any new product or business model. Available on premise, cloud-based, or as a Software-as-a-Service, Redknee's low-risk, flexible solutions power more than 250 businesses across the globe. 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 about Redknee and its solutions, please go to www.redknee.com.
Tbaytel is dedicated to delivering telecommunication and entertainment solutions that ensure people, businesses and communities in Northern Ontario have multiple points of access to the global communications highway. Tbaytel offers the region's largest 4G HSPA digital cellular coverage area and a state of the art LTE network with extensive products and services in many neighborhoods that include mobile data and voice, Internet, security and IPTV. With over a century of contributing to the quality of life, infrastructure and economic health of Northern Ontario, Tbaytel's understanding and commitment to its customers and community is unparalleled. For more information about Tbaytel, please visit www.tbaytel.net.
For further information: Redknee Solutions: Michaela Radman, Head of Marketing and Corporate Communications, Michaela.Radman@redknee.com, +1 905 625 2190; Investor Relations: Lawrence Chamberlain, NATIONAL | Equicom, T: (416) 848-1457, firstname.lastname@example.org
SOURCE Redknee Solutions Inc.