Golden Telecom Selects ECtel’s Fraud Management Solution To Reduce Fraud Losses
Golden Telecom (NASDAQ: GLDN), a leading provider of integrated telecommunications and Internet services in Russia and the Commonwealth of Independent States (CIS), has selected FraudViewR, the fraud management solution of ECtel Ltd. (NASDAQ: ECTX), a leading provider of Integrated Revenue ManagementT (IRMT) solutions.
ECI Telecom, a global provider of networking infrastructure equipment and a long time supplier of SDH, DWDM and NGN solutions to Golden Telecom, represents ECtel in the region.
With telecom fraud accounting for up to 8% of lost annual revenue, operators are constantly striving to manage this problem and improve their bottom line. FraudViewR enables operators to protect their revenues through real-time detection and prevention of fraud losses across all business lines and services. Through a feature-rich back-office application, it provides an innovative and comprehensive solution designed to meet the needs of wireline and 2.0/2.5/3G wireless, VoIP/IP, convergent and next-generation communications service providers.
“We are excited to add Golden Telecom to our growing installed base of operators who are successfully using our solution for fraud prevention,” said Mr. Itzik Weinstein, President and CEO of ECtel. “Our continued investment in the development of state-of-the-art solutions paired with our significant presence through our long-term channel partner ECI Telecom, has enabled us to sustain the industry’s largest installed base of wireline and wireless operators, and the market’s first solutions supporting 3G and VoIP networks.”
About ECtel
ECtel (NASDAQ: ECTX) is a leading global provider of Integrated Revenue ManagementT (IRMT) 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 IRMT Product Framework features the world-leading fraud and revenue assurance products, FraudViewR and RAP, which minimizes operator revenue leakage across networks and operations support systems (OSSs). http://www.ectel.com
About Golden Telecom
Golden Telecom, Inc., (NASDAQ: GLDN) is a leading facilities-based provider of integrated telecommunications and Internet services in major population centers throughout Russia and other countries of the CIS. The company offers voice, data and Internet services to corporations, operators and individuals using its metropolitan overlay networks in major cities, including Moscow, Kiev, St. Petersburg, Nizhny Novgorod, Samara, Kaliningrad, Krasnoyarsk, Alma Ata and Tashkent and via leased channels and fiber optic and satellite-based networks, including approximately 293 combined access points in Russia and other countries of the CIS. The company offers mobile services in Kiev and Odessa. http://www.goldentelecom.ru
About ECI Telecom
ECI Telecom delivers innovative communications platforms to carriers and service providers worldwide. ECI provides efficient platforms and solutions that enable customers to rapidly deploy cost-effective, revenue-generating services. Founded in 1961, Israel-based ECI has consistently delivered customer-focused networking solutions to the world’s largest carriers. The company is also a market leader in many emerging markets. ECI provides scalable broadband access, transport and data networking infrastructure that provides the foundation for the communications of tomorrow, including next-generation voice, IPTV, mobility and other business solutions. http://www.ecitele.com