Iraq Telecoms

 

ECtel IRM Market Position Expected to be Strengthened with Acquisition of Compwise Assets

6:22 pm   -   April 30th, 2008

Approximate $1.3m deal to increase ECtel’s ability to address revenue and profit margin management for communication service providers

ECtel Ltd announced today that it acquired substantially all assets of Israel-based Compwise, a provider of business analytic solutions for telecommunication operators, for approximately $1.3 million.

The acquisition is expected to expand and strengthen ECtel’s market leading Integrated Revenue Management™ product suite, as well as expand its customer base. The acquisition is expected to be accretive to earnings.

Compwise’s products provide innovative business intelligence solutions for telecommunications service providers. Their unique analytical approach enables operators to maximize tariff profitability, improve retention of profitable customers, and detect revenue leakage.

The firm will merge Compwise’s products into ECtel’s leading IRM platform, further enhancing the Company’s offering as a one-stop revenue management solution. Under terms of the acquisition, ECtel will continue to provide revenue management services and support to Compwise’s current clients, which include some of the leading and most well-known telecom service providers around the world.

“By incorporating Compwise’s product offering, ECtel will further improve its ability to assist telcos with their revenue management efforts,” said Itzik Weinstein, CEO of ECtel. “This transaction showcases our long-term commitment to provide our customers with the most innovative and complete revenue management solution available in the market today.”

“The acquisition is well aligned with our long-term growth strategy, which focuses on solid execution, innovation and M&A activity,” Weinstein added. “Compwise’s products add a set of business intelligence capabilities that will enable the operator to address pricing and profitability, customer retention, marketing campaigns, and rating & billing assurance.”

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 nearly 20 years, ECtel offers carrier-grade solutions that enable wireline, wireless, and 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.

For more information, please visit their website: http://www.ectel.com



Moreover Technologies - Telecom news - 30 of 27521 returned
Moreover Technologies - Telecom news - More than 340 categories of real-time RSS news feeds.

Equifax Credit Watch - Sponsored Link
Ad - Protect the power of your credit and your identity.
Bell Launches Exclusive Novatel Wireless U727 USB...
2-In-1 Modem and Storage Device Runs on Bell Mobility?s Fast Mobile Data Network TORONTO--Bell today launched the exclusive Novatel Wireless? U727 USB modem, the first mobile data device available in Canada that features a USB key design with a
Nokia 8208 Slides Two Ways, Heading to China Unicom
Extract not available.
Nortel plans Asia push, but it may be a tough slog
TORONTO (Reuters) - Nortel Networks Corp plans aggressive growth in the Asia-Pacific region over the next two to three years, hoping to capitalize on demand for network gear and services in rapidly growing markets such as India and China. Last year, the
BT Considering Philippine Market for Hosted Call Center Services
Software-as-a-service (SaaS) is gaining in popularity and BT is one company that is riding the waves of its success. Now, BT is examining the potential of the Philippines market for delivering hosted services for call centers
Baby Bells Join Up To Make Service Switching Easier
NEW YORK In addition to phone service, Movearoo.com also helps consumers set up their television, gas-and-electric service, change their mailing addresses, request mover quotes and moving supplies, change subscriptions to newspaper deliveries, as well as
The Slim Samsung i200 Smartphone Is Now Available
Samsung i200 (or SGH-i200) is now commercially available in Europe and Asia, being offered as one of the slimmest Windows Mobile smartphones on the market. Announced at the beginning of the year and said to come with Windows Mobile 6.0, the i200 is now
Thomson Signs Purchase Agreement With Comcast For Digital-To-Analog Adapters
Thomson has entered into a purchase agreement with Comcast, the leading provider of cable, entertainment and communications products and services in the U.S., to be a supplier of digital-to-analog (DTA) adapters. The DTA adapter is a one-way device that
Our nation of couch-Internet-cell-phone potatoes
Americans are watching more television than ever, in addition to spending more time on the Internet, a Nielsen report said Tuesday. (For those who missed it Monday night, DeAnna Pappas, ABC's 'The Bachelorette,' picked snowboarder Jesse Csincsak as the
Broadband News Bytes - Comcast, ZyXEL, WiMAX Forum
Extract not available.
Recycling? Wassat? Say numpty UK mobile phone users
people across 13 countries including the United Kingdom, the survey discovered that on average people in the UK have owned five mobile phones each. Despite this, Nokia says, very few ever get recycled when no longer being used after an upgrade. In fact,
Baby Bells Join Up To Make Service Switching Easier
NEW YORK The partnership will take the form of a free Web site - Movearoo.com - that allows customers who move from city to city to switch services and service providers. Verizon In addition to phone service, Movearoo.com also helps consumers set up
China Telecom sets up R&D lab for IPTV technologies in Shanghai
Extract not available.
Nortel plans Asia push, but it may be a tough slog
Extract not available.
Greece's OTE Selects On Demand Group for IPTV Service
Extract not available.

OSS News Review

Telecom News
Telecom news continually updated from thousands of sources around the net.

BCE Financing Agreement Will Allow Deal's Completion

Now that BCE Inc. and the Ontario Teachers Pension Plan-led buyout consortium have "finally" reached a financing agreement, investors can feel confident that the deal will go through as originally priced, says ...


GM, Ford report strong China sales

GM said sales of its Buick, Chevrolet and Cadillac brands rose 12.7 percent from the first half of last year to 590,126 vehicles.


Siemens AG is cutting 16,750 jobs worldwide because of the slowing economy.

Industrial conglomerate Siemens AG said Tuesday it would cut 16,750 jobs, or 4.2 percent of its global work force, to streamline operations and cut nearly $2 billion in costs in the face of a slowing economy.


Appeals court: EchoStar not barred from lease deal

Federal law does not bar satellite television provider EchoStar Communications Corp.


Radical retooling of BCE to begin this summer, says analyst

BCE Inc. is expected to lay the groundwork this summer for a radical retooling, now that a $52-billion takeover of the telecom company appears headed for completion by the end of the year and a new top ...


NTT DoCoMo To Launch BlackBerry Internet Service (BIS) In Japan August 1st

NTT DoCoMo today announced that it will launch BlackBerry Internet Service in Japan on August 1st allowing individual BlackBerry users not connected to a corporate BlackBerry Enterprise Server to connect ...


GM may drop some brands and add small cars

General Motors Corp. may get rid of some brands, speed the introduction of small cars from other markets and make further white-collar job cuts as it tries to deal with a shrinking U.S. auto market.


Marla Sanchez

Avanex Corp. on Monday announced the termination of Jo Major from his position as president and chief executive, saying he and the board of directors were unable to "work together effectively." Major has also ...


GM Said To Consider Cuts As Market Shrinks

General Motors Corp. may get rid of some brands, speed the introduction of small cars from other markets and make further white-collar job cuts as it tries to deal with a shrinking U.S. auto market.


Fiber Internet overtakes cable

For the first time, more people around the world are signing up for fiber-optic broadband service than for cable Internet service, according to a British research firm.


Airspan Wins UK Deal

Airspan Networks, Inc. , a leading provider of WiMAX-based broadband wireless access networks announced today that On- Communications, the UK's Enterprise Fixed Wireless Access market leader, has chosen Airspan ...


Acme Packet falls 16% in pre-market on preliminary Q2 earnings

Acme Packet Inc. dropped more than 16% ahead of the bell Thursday after the company provided an updated its second-quarter earnings outlook that falls below Wall Street expectations.


Business Watch

Detroit -- When consumers astonished the U.S. auto industry two months ago by quickly shunning trucks and going for gas mileage, the biggest beneficiary ended up being Honda Motor Co.


Wi-LAN Amends Complaint to Add LG to Litigation Against Motorola, RIM and UTS...

July 4, 2008 - Wi-LAN Inc. , a leading technology innovation and licensing company, today announced that it has amended its Complaint in action No.


Microsoft to take 100% of MSN Israel, buy Internet Gold's stake

Microsoft Corp. plans to acquire the 50.1% it doesn't already own in MSN Israel Ltd.



OSS News Review