ECtel Ltd. (NASDAQ: ECTX), a leading provider of Integrated Revenue Managementâ„¢ (IRMâ„¢) solutions, has recently announced that Portugal Telecom has placed purchase orders for ECtel’s next generation fraud detection and prevention solution, FraudViewÂ® Release 8. As part of the orders, ECtel will upgrade an older version of FraudViewÂ®. The orders are valued at over $2 Million.
Portugal Telecom is a leading telecommunications and multimedia services provider in Portugal . Portugal Telecom offers a full range of mobile services, multimedia, data and business solutions, and wireline telephone services.
FraudViewÂ® 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, FraudViewÂ® features an array of unique, state-of-the-art fraud detection and prevention technologies enabling thousands of fraud controls.
Filipe Rodrigues, Financial Director of Portugal Telecom commented, â€œMaintaining the most advanced fraud management tools enables addressing our evolving needs and next generation services. Our long experience with FraudViewÂ® on our voice networks demonstrated that ECtel is the right vendor to help us accomplish our goals.”
â€œWe are proud to foster our business partnership with Portugal Telecom through this new projectâ€ said Eitan Naor , President and CEO of ECtel. â€œThis upgrade order is an example of ECtelâ€™s long-term customer relations and the economical benefits operators see in our new FraudViewÂ® Release 8â€.
ECtel (NASDAQ: ECTX) is a leading global provider of Integrated Revenue Managementâ„¢ (IRMâ„¢) 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 IRMâ„¢ Product Suite features the world-leading fraud and revenue assurance products, FraudViewÂ® 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. For more information, visit www.ectel.com