Redknee Announces Major Follow-on Orders with APAC Tier-1 Service Provider
Redknee Solutions Inc. announced that it has established pricing and terms with an acquired APAC Tier-1 service provider for Redknee’s real-time rating and charging solution for a three year term over which the customer estimates that it will purchase products and services resulting in aggregate revenues of $50 million to Redknee. The customer has issued binding purchase orders for Redknee’s products and services for over $11 million in the past month. This demonstrates Redknee’s capability to provide highly flexible and scalable software for Tier 1 operators in excess of 50 million subscribers.
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