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Telekom Brunei Launches Advanced Wholesale Services

Poster: SySAdmin
Posted on April 15, 2010 at 6:07:01 AM
With Redknee
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Telekom Brunei Launches Advanced Wholesale Services With Redknee

TORONTO, April 15, 2010--

    - Further Investment Enhances Partner Settlement and Minimizes Revenue
Leakage

    Redknee (http://www.redknee.com/) (TSX:RKN), a leading provider of
business-critical billing and charging software and solutions for
communications service providers, today announced that Brunei's premier
telecoms operator, Telekom Brunei Berhad (TelBru), is already experiencing
the benefits of its upgrade to Redknee's interconnect billing solution,
InBill (http://www.redknee.com/products/inbill?PHPSESSID(equal sign
)c7e6783453be8672326d605374a7594c). Since its launch of the upgraded solution
in January 2010, TelBru is maximizing the value of its fixed line network by
effectively and efficiently managing multi-party wholesale billing
settlements and better detection of revenue leakage.

    TelBru's upgrade to Redknee's latest release of InBill was in response to
its growing fixed line traffic and evolving interconnect requirements due to
the expansion of its network of partners and the rollout of new services. The
flexible and highly scalable interconnect billing solution enables TelBru to
address its changing market needs and supports the launch of innovative
service offerings, such as fixed line prepaid services and voice over IP. In
addition, due to the enhanced performance and seamless workflow, TelBru is
experiencing significantly faster resolution of settlement agreements and
improved accuracy and processing of reports, allowing TelBru to reassign
resources and concentrate on its customers.

    Lucas Skoczkowski, CEO, Redknee said:

    "This further investment validates Redknee's proven experience in
delivering market leading monetization solutions, which enable our customers
to respond to their changing needs. At Redknee, we are continuing our
investment in solutions that serve the high growth markets of Africa, the
Middle East and Asia Pacific, along with the Tier-1 markets of the Americas,
Europe and Australia, to support the success of our customers and the
execution of our growth strategy."

    InBill is part of Redknee's portfolio of monetization solutions, which
provides operators with greater visibility into network transactions in order
to achieve converged settlement and accurate interconnect billing. InBill
helps service providers maximize the value of their network with a
comprehensive and cost-effective interconnect, wholesale, MVNO and content
settlement software solution. Based on a decade of proven reliability to
resolve and reconcile disputes rapidly, InBill can address multi-party
settlement requirements and manage the most complex interconnect agreements,
resulting in more accurate wholesale billing and better dispute resolution.
Additionally, InBill's advanced reporting capabilities help operators
confidently make strategic decisions using data they have difficulty finding
elsewhere. Through its InBill solution, Redknee is supporting the wholesale
billing needs of service providers, including tier 1 operators, in the EMEA,
APAC and Americas regions.

    For more information about Redknee and their solutions, please go to
http://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 TelBru: TelBru, the Brunei's premier telecommunication company,
provides comprehensive ICT services to Brunei Darussalam estimated population
of 370,000 people. Being the pioneer of broadband technology through
deployment of NGN, TelBru remain steadfast to the convergence of facilities
and infrastructures advancement in the country, whilst seeking opportunities
for strategic investments internationally.

    For further information: Media Relations Contact: Rachael Parker, Mi
liberty, +44(0)20-7751-4444, rparker@miliberty.com; Humera Malik,
Director of Marketing and Product Management, +1-905-625-2102,
humera.malik@redknee.com; Redknee Solutions: David Charron, Chief Financial
Officer, +1-905-625-2943; Investor Relations: Isabel Fernandes-Cunha,
+1-905-625-2421, isabel.fernandes@redknee.com or
investor_relations@redknee.com

Source: Redknee

For further information: Media Relations Contact: Rachael Parker, Mi liberty, +44(0)20-7751-4444, rparker@miliberty.com; Humera Malik, Director of Marketing and Product Management, +1-905-625-2102, humera.malik@redknee.com; Redknee Solutions: David Charron, Chief Financial Officer, +1-905-625-2943; Investor Relations: Isabel Fernandes-Cunha,
+1-905-625-2421, isabel.fernandes@redknee.com or investor_relations@redknee.com

-------
Profile: Tech
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