Redknee revenues up 39% in Q3

Staff writer
18 Aug 2011
00:00

Redknee reported a 39% increase in revenue for the third quarter of fiscal year, chalking up $14.7 million in current prices.

The company said it posted a EBITDA loss of $1.7 million, jumping from $0.4 million in the same period of 2010.

In the third quarter, Redknee expanded its engagements with Tier 1 operators in the Americas, signed global partnership with Tech Mahindra, and deployed release 9.0 of its real-time converged billing platform in the Asia Pacific as well as in Europe, Middle East and Africa.

Redknee has been granted more than 30 patents granted with more than 70 applications still pending.

MORE COVERAGE OF OSS/BSS

Related content

Follow Telecom Asia Sport!
Comments
No Comments Yet! Be the first to share what you think!
This website uses cookies
This provides customers with a personalized experience and increases the efficiency of visiting the site, allowing us to provide the most efficient service. By using the website and accepting the terms of the policy, you consent to the use of cookies in accordance with the terms of this policy.