ECtel Awarded FraudView Project from Telecom Namibia
ECtel Ltd. (NASDAQ: ECTX), a leading provider of Integrated Revenue Management™ (IRM™) solutions, has been awarded a project for the implementation of FraudView®, its fraud detection and prevention solution, from Telecom Namibia Limited. The contract totals $1.2 Million, and followed a successful pilot on live traffic.
FraudView® is the leading and most complete fraud management solution for telecom operators. Designed to meet the needs of wireline, wireless, convergent and next generation communication service providers, FraudView® features an array of unique, state-of-the-art fraud detection and prevention technologies enabling thousands of fraud controls. FraudView® is the first solution to include ECtel’s online Fraud Data Exchange (FDE) technology, allowing operators to download anti-fraud online updates thereby continuously monitoring new fraud scenarios.
Telecom Namibia’s General Manager of Technology & IT, Mr. Heinrich P. Bader commented: “ECtel’s FraudView solution provides us with advanced and state-of-the-art capabilities to monitor our network. After a thorough examination, we have found that FraudView provides the best fit for our requirements and we expect fast return-on-investment from this system”.
Mr. Eitan Naor, President and CEO of ECtel, said: “We are pleased to have Telecom Namibia as our customer. We have been working together for some time and are looking forward to a continuing long-term partnership. This new project validates ECtel’s competitive advantage and the benefits to operators in our products. We see growth opportunities for ECtel in Africa and believe that we are well positioned to take advantage of this potential”.
About ECtel
ECtel (NASDAQ: ECTX) is a leading global provider of Integrated Revenue Management™ (IRM™) 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. ECtel IRM™ Product Suite features the world-leading fraud and revenue assurance products, FraudView® and RAP, that minimize operator revenue leakage across networks and operations support systems (OSSs). 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 , Europe and Asia Pacific. For more information, visit www.ectel.com
