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Redknee to Partner in Digicel's Expansion Across 15 Caribbean CountriesTORONTO, Oct. 26 /PRNewswire/ -- Redknee, Inc., a leading global provider of communication software to wireless network operators, announced today it won a contract to become a strategic partner to the Digicel Group as it moves forward in expanding its GSM network across 15 countries in the Caribbean region. With the completion of Digicel's acquisition of seven Cingular Wireless operations in the Caribbean as well as Bermuda, the company is now in a position to increase the size of its pan-Caribbean network to include Anguilla, Antigua & Barbuda, Bermuda, St. Kitts & Nevis and Dominica and has received regulatory approval for the acquisition of Cingular's operations on the islands of Grenada, St. Lucia and St. Vincent & the Grenadines where Digicel already operates. The company looks forward to receiving regulatory approval in the remaining islands of Barbados, the Cayman Islands in the near future. Having acquired Curacao Telecom in March 2005, Digicel, the fastest growing mobile operator in the Caribbean, is also preparing to launch in Haiti and Trinidad & Tobago, This impressive expansion brings the company to 15 countries of operation, covering a total population of 14 million. "Digicel is pleased to partner with Redknee as we enter this next exciting phase of growth," said Mario Assaad, Chief Technology Officer at Digicel Group. "Redknee's advanced software will play a key role in ensuring our expansion will be as seamless an experience as possible for new and existing customers. We look forward to Redknee's support for a smooth migration of our newly acquired prepaid customer base and postpaid subscribers into Digicel's Converged Billing solution and messaging platform respectively." The deployment of Redknee's Customer Care and Billing/Settlement services will begin later this year. Redknee did not disclose any financial details about the deal. "Digicel's expansion is a testament to their rapid and successful growth as the fastest growing mobile operator in the region," said Lucas Skoczkowski, CEO of Redknee. "This expansion announcement exemplifies our long time partnership with Digicel, and Redknee is committed to helping Digicel build on their current successes and vision to deliver a wireless network that stretches across the entire Caribbean region." With investments in the Caribbean exceeding well over US$600 million, Digicel is making significant strides in its mission to create a seamless pan-Caribbean network. The company records a 67 percent market share across all its current markets and anticipates a 30 percent increase in staff by the end of 2006 from its current figure of 1051, due to subscriber growth and market expansion. About Redknee: Redknee is a leading provider of telecommunication software solutions, which enable network operators and service providers to deliver innovative value-creating services. Redknee's commercially deployed suite of software products seamlessly integrates into customer networks and provides a full set of business-critical network capabilities. Redknee's capabilities include service provisioning, real-time converged billing, messaging, service control, customer relationship management solutions which provide value-added functionality to wire-line, mobile, circuit-switched, and VoIP service providers. Redknee's breadth of experience and robust, scalable architecture allows our customers to enhance their service portfolio and network capabilities, while leveraging Redknee's best-in-class technical delivery organization to ensure a rapid and efficient deployment and service launch. Redknee's next-generation software delivers innovative services to over 25 top tier network operators, with over 185 million subscribers worldwide. Redknee's global headquarters are located in Toronto, Canada. Contact Redknee: For more information, contact Redknee Inc Tel: +1-905-625-2622 Fax: +1-905-625-6485 Email: [email protected] http://www.redknee.com/ About Digicel Since its launch in 2001, Digicel has become the fastest growing wireless telecommunications operator in the Caribbean. In four years, Digicel has become renowned for competitive rates, unbeatable coverage, superior customer care, a wide variety of products and services, and state-of-the-art handsets. It is the largest GSM operator in the region. Digicel is incorporated in Bermuda and operates in eight countries including Aruba, Barbados, Curacao, The Cayman Islands, Grenada, Jamaica, St. Lucia, St. Vincent and the Grenadines with plans to launch in Trinidad & Tobago and Haiti. Digicel has entered into an agreement to acquire, subject to regulatory approval, Cingular Wireless' Bermuda and Caribbean operations that will significantly increase the size of its pan-Caribbean network to include Bermuda, Anguilla, St Kitts & Nevis, Antigua & Barbuda and Dominica and allow licenses in St Martin, Guadeloupe, Martinique and St Barths. Digicel's market share in The Cayman Islands, Grenada, St. Lucia, Barbados and St. Vincent & the Grenadines, will also be strengthened as Cingular's customer base will transition to Digicel. Contact Digicel: Maureen Rabbitt Public Relations Manager T: +876-511-5272 E: [email protected] Redknee, Inc. CONTACT: Redknee Inc, +1-905-625-2622, or fax, +1-905-625-6485 [email protected]; or Maureen Rabbitt, Public Relations Manager ofDigicel, +876-511-5272, or [email protected] Web site: http://www.redknee.com/ |
