Redknee Oct-Dec revenues jump 20%

Redknee revenues increased by 20% to $14.1 million in the quarter that ended December 31.
 
The company also posted a 63% increase in gross margin, slower than 77% in the same quarter of the previous year.
 
During the period, Redknee secured a billing contract with a mobile virtual network operator in Europe, Middle East and Africa region, one data policy and one large wholesale billing both in Asia Pacific, and Tier 1 contracts in the Americas.
 
Redknee has been granted 30 patents, with 73 others pending and three in the process of granting.

Suggested Articles

Wireless operators can provide 5G services with spectrum bands both above and below 6 GHz—but that doesn't mean that all countries will let them.

Here are the stories we’re tracking today.

The 5G Mobile Network Architecture research project will implement two 5G use cases in real-world test beds.