A first time order for ECtel’s fraud detection and prevention solution, FraudView(tm) was placed by Telekom Srpske, a leading operator based in Banja Luka, Bosnia and Herzegovina. With this order, ECtel’s Position in Eastern Europe is strengthened. This tender was obtained with the cooperation with Saga, a leading System Integrator representing ECtel in the region.
Telecom Srpske, one of the largest communications providers listed on the Banja Luka Stock Exchange, (BLSE: TLKM-R-A) will use ECtel’s FraudView to detect, and ultimately prevent, different types of fraud and patterns of unusual behavior, allowing Telekom Srpske to defend itself against losses and maximize efficiency and effectiveness.
“FraudView will provide us with the tools we need to maximize our revenue potential while giving us the most flexible solution available to support all of our evolving needs,” said Sasa Adamovi?, Executive Director for Fixed Network of Telekom Srpske. “ECtel’s products will allow us to gain a competitive edge over other telecom operators. We are very excited about incorporating ECtel’s leading solutions into our platform and we look forward to a long and productive relationship with the Company.”
FraudView, the most comprehensive fraud management solution for telecom operators, is designed to meet the needs of wireline, wireless, convergent, and next generation communications service providers. FraudView features an array of unique, state-of-the-art fraud detection and prevention technologies, including customer acquisition, risk management, new subscriber evaluation, best in class network traffic and usage monitoring, providing customers with thousands of unique fraud controls.
Designed to meet the needs of all communications service providers (CSPs), FraudView enables real-time detection and prevention of numerous fraud types, both internal and external, allowing its users to stem revenue losses across all business lines and services. Deployed at over 75 operators worldwide, FraudView boasts the industry’s largest installed base for wireline and wireless operators and the market’s first solutions supporting 3G and VoIP networks. Mr. Itzik Weinstein, President and CEO of ECtel, said, “We look forward to working with Telekom Srpske and we are confident that FraudView will help them run their business more efficiently, giving them a significant edge in today’s competitive marketplace.”
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 nearly 20 years, ECtel offers carrier-grade solutions that enable wireline, wireless, converged and next generation operators to fully manage their revenue and cost processes. ECtel serves prominent Tier One operators, and has more than 100 implementations in over 50 countries worldwide. Established in 1990, ECtel maintains offices in the Americas and Europe.
About Telekom Srpske
Telekom Srpske a leading operator based in Banja Luka and is one of the largest telecommunications provider listed on the Banja Luka Stock Exchange. Its main activities include the provision of services falling within the area of telecommunications. Accordingly, TS holds licenses for mobile network and services, fixed network and services and provision of Internet services throughout BiH and long distance services – international.
For more information, please visit wikipedia: http://en.wikipedia.org/wiki/Banja_Luka
and http://en.wikipedia.org/wiki/Bosnia_and_Herzegovina .
Telekom Srpske has more than 1.3 million subscribers, including 360,000 fixed network users, over 950,000 mobile network users and about 45,000 Internet services users.
The company also owns establishment shares in three companies and is responsible for construction and maintenance of telephone booths, the activities of which are currently carried out by Telekard, a wholly owned subsidiary of Telekom Srpske.
For more information about Telekom Srpske, please visit their website:
http://www.telekomsrpske.com/Telekom/en-GB/
Source: Ruder Finn Israel for ECtel