By Eric Priezkalns 24 May 2010
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 is the Editor of Commsrisk. Look here
for more about the history of Commsrisk and the role played by Eric.
Eric is also the Chief Executive of the Risk & Assurance Group (RAG)
, a global association of professionals working in risk management and business assurance for communications providers.
Previously Eric was Director of Risk Management for Qatar Telecom and he has worked with Cable & Wireless, T‑Mobile, Sky, Worldcom and other telcos. He was lead author of Revenue Assurance: Expert Opinions for Communications Providers
, published by CRC Press. He is a qualified chartered accountant, with degrees in information systems, and in mathematics and philosophy.