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Redknee Expands In Japan, Signs Multi-Million Dollar Converged Billing Contract

As they continue to expand their global presence, Toronto-based Redknee Solutions announced this week they have signed a multi-year, multi-million dollar term license contract with ITS Communications, Inc. (iTSCOM), a leading Japanese triple-play service provider that will replace its legacy billing solution. iTSCOM offers cable TV, broadband and digital telephony services. The multi-play provider is based in Tokyo and is a subsidiary of Tokyu Corporation. The new licensing deal marks Redknee’s entry into the Japanese market, the largest communications market in Asia Pacific and the second largest in the world.

“This win with iTSCOM reiterates Redknee’s ability to drive transformation strategies for communication services providers on a global basis,” said Redknee’s CEO, Lucas Skoczkowski. “Redknee’s continued adoption in new geographies encourages us to continue to invest in the development of cloud-based and in-network real-time monetization solutions that support the growth of wireless, multi-play and alternate service providers around the world.”

The Redknee solution provides customers with a real-time billing, rating, invoicing, partner management, and full customer care capabilities, Redknee’s converged billing solution expertly addresses the needs of communications service providers throughout the world’s most competitive markets.