ECtel, a leading global provider of Integrated Revenue Management(TM) (IRM(TM)) solutions, announces the closing of the previously announced acquisition of Elron Telesoft, a prominent revenue assurance solution provider. This acquisition strengthens ECtel’s position as a leading provider of IRMTM and revenue assurance solutions to communications service providers (CSPs) worldwide.
About ECtel
ECtel (NASDAQ: ECTX) is a leading global provider of Integrated Revenue Management(TM) (IRM(TM)) solutions for communications service providers. A pioneering market leader for over 15 years, ECtel offers carrier-grade solutions that enable wireline, wireless, converged and next-generation operators to fully manage their revenue and cost processes. Led by the Company’s flagship fraud management solution FraudView(R), the ECtel IRM(TM) Product Suite features a range of fraud and revenue assurance products that minimize operator revenue leakage across the operations support system (OSS) chain. ECtel serves more than 75 customers, including prominent tier-one operators, in over 50 countries. Established in 1990, ECtel maintains offices in the Americas, Europe and Asia Pacific. For more information, visit http://www.ectel.com