TEOCO Targets TTI?

US cost and revenue management vendor TEOCO is reportedly in talks to acquire Israeli service assurance firm TTI Telecom, according to Israeli journal Globes. You can read the Globes story here. On their corporate website, TTI admitted it is in talks with a potential buyer, but did not confirm its name.

Globes said the price tag would be in the range of USD 50-60 million. TEOCO should have the financial firepower; last year TEOCO raised USD 60mn by selling a minority stake.

Eric Priezkalns
Eric Priezkalns
Eric is a recognized expert on communications risk and assurance. He was Director of Risk Management for Qatar Telecom and has worked with Cable & Wireless, T‑Mobile, Sky, Worldcom and others.

Eric was lead author of Revenue Assurance: Expert Opinions for Communications Providers, published by CRC Press. He was a member of Qatar's National Committee for Internet Safety and the first leader of the TM Forum's Enterprise Risk Management team. Eric currently sits on the committee of the Risk & Assurance Group. He is a qualified chartered accountant, with degrees in information systems, and in mathematics and philosophy.

Commsrisk is edited by Eric. Look here for more about Eric's history as editor.