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.