By PR Newswire
ECtel Ltd. (NASDAQ: ECTX), a leading provider of Integrated Revenue Management(TM) (IRM(R)) solutions for communications service providers, announced today that Angola Telecom, the principal telecommunications company in Angola, selected ECtel's fraud management solution to protect revenue through real-time detection and prevention of fraud losses.
ECtel was selected for this project together with LR Group, a leading company operating worldwide in financing, managing, developing, producing, and maintaining medium and large scale national projects, with a special focus on Africa.
“ECtel's FraudView(R) provides us with the tools to maximize our revenue potential and prevent fraud losses critical in a fast growing company such as ours,” said Dr Antonio Alberto Briffel Neto, Administrator of Angola Telecom. “As the country's leading national, international and domestic communications provider, we require the innovation and flexibility provided by ECtel's leading solution, offering us an unparalleled fraud management solution. Not only did ECtel provide us with the market's best solution, but they packaged it together with supreme service and support as well.”
Angola Telecom, Angola's primary telecommunications provider, currently serves over 110,000 Angolan customers, and is the country's international gateway for communication.
ECtel's FraudView provides Angola Telecom with a wide variety of unique, state-of-the-art fraud detection and prevention technologies, including risk management systems, new subscriber evaluation, best in class network traffic and usage monitoring.
FraudView, the most comprehensive fraud management solution for telecom operators, is designed to meet the needs of wireline, wireless, convergent and next generation communication service providers. 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.
“We are excited to work with Angola Telecom, one of Africa's leading telecom providers, as we continue to place substantial emphasis on this fast growing region,” said Mr. Itzik Weinstein, President and CEO of ECtel. “This order from Angola Telecom attests to our commitment to the African region and establishes ECtel as one of the leading revenue management providers in Africa.”