Redknee Supports Oi to Offer Free Wi-Fi to Football Fans

TORONTO, June 16, 2014 /CNW/ - Redknee Solutions Inc. (TSX: RKN), a leading provider of real-time monetization and subscriber management software, is pleased to announce that it is supporting Oi, one of the leading mobile operators in Brazil, to offer Wi-Fi services during the football World Cup. Targeting the 600,000 visitors expected during the event, Oi's Tourist Wi-Fi offers free Wi-Fi access to inbound roamers on their network, and is a key part of the operator's marketing campaign while Brazil hosts the world's largest sporting event.

Redknee's suite of virtualized solutions support operators to launch new business models quickly and effectively to market with a low-risk investment strategy. With Redknee, operators have the flexibility to better monetize their Wi-Fi investment through innovative offerings, while controlling the offload experience.  Extending on standards-based technology, Redknee's end-to-end solution seamlessly transitions the user between Wi-Fi and cellular connection based on the congestion level of the different channels, subscriber profile, and even the application being used, based on operator defined policies, all without the need for expensive Wi-Fi infrastructure upgrades.

Eduardo Aspesi, segments Director, Oi says:
"As the largest sporting event in the world, the football World Cup represents an exciting opportunity for Oi to welcome many football fans to Brazil and provide them with exceptional service including free Wi-Fi. Redknee's ability to provide a flexible and turnkey solution was key to our decision to select them to support us during one of the most important events of the year."

Lucas Skoczkowski, CEO, Redknee commented:
"Redknee is proud to work with Oi to provide football fans with a great multimedia experience while enjoying the exciting sporting event. Our Wi-Fi Monetization and Offload solution is a strong demonstration of Redknee's market leadership in developing innovative software to deliver business agility at massive scale as a low-risk investment. At Redknee, we will continue to invest in developing cloud-based and on-premise real-time monetization and subscriber experience management software solutions that enable service providers to advance the customer experience, generate new revenue streams and grow profitability." 

About Redknee
Redknee is a leading global provider of innovative software products, solutions and services. Redknee's award-winning solutions enable service providers to monetize new services, business models and content and to deliver a connected customer experience - through either SaaS or on-premise based solutions. Redknee's real-time monetization and subscriber management platform provides innovative converged charging, billing, policy management and customer care solutions for over 200 communications service providers and is supporting service providers to monetize the growing ecosystem of the Internet of Things. 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 about Redknee and its solutions, please go to www.redknee.com

About Oi
Oi, a convergent service pioneer in Brazil, offers local and long-distance landline telephony, mobile telephony, broadband internet access, pay TV and the country's largest wi-fi network. Oi has a nationwide presence and the greatest network penetration, reaching even the most remote regions of the country.

In March 2014, the company had 74.6 million revenue generating units (RGUs), 48 million of which in the Personal Mobility segment. 18 million in the Residential segment and 8 million in the SME/Corporate segment, as well as 657,000 public telephones. There are also several Oi WiFi hotspots spread throughout Brazil.

For the sixth year in succession, Oi was included in the São Paulo Securities, Commodities and Futures Exchange's Corporate Sustainability Index (ISE), reflecting its high degree of commitment to social responsibility and the adoption of best corporate governance practices. It was also included in the Exchange's Carbon Efficient Index (ICO2) for the fourth consecutive year and has been part of the Dow Jones Sustainability Emerging Markets Index since 2013.

Through its social responsibility institute Oi Futuro, Oi supports projects in the educational, sustainability, sporting and cultural areas through incentive laws, with the aim of democratizing access to knowledge in order to promote and accelerate human development. Oi is one of Brazil's leading cultural sponsors and creates opportunities for projects in all regions of the country.

For more information, please go to: www.oi.com.br, www.oi.com.br/ri and www.oifuturo.org.br.



 

SOURCE Redknee Solutions Inc.

For further information:

Redknee Solutions:

Ashleigh Young, Corporate Communications
Ashleigh.young@redknee.com
+1 905 625 2733

Investor Relations:

Craig Armitage
TMX Equicom
T: (416) 815-0700 ext. 278
carmitage@tmxequicom.com

Robert Kelly
TMX Equicom
T: (416) 815-0700 ext. 253
rkelly@tmxequicom.com