TTI Telecom wins
$11.7m contract in Costa Rica
ICE has selected TTI Telecoms Netrac
solution to manage its fixed and mobile networks.
TTI
Team Telecom International (Nasdaq: TTIL),
a supplier of support systems for telecom service providers, today
announced it won a $11.7 million contract from Instituto Costarricense
de Electricidad (ICE), the sole telecommunications provider in Costa
Rica.
TTI Telecom previously announced this
agreement in an announcement dated January 29, in which it detailed $25
million in new contracts that were closed during the fourth quarter of
2002. The value of the agreement with ICE was not disclosed in the
January announcement.
Under the terms of the contract, TTI
Telecom will implement its Netrac solution to manage ICE's fixed and
mobile networks. Netrac will provide ICE with extensive fault and
performance monitoring, configuration, inventory and mediation
capabilities, TTI says.
TTI Telecom CEO Meir Lipshes said,
"This award strengthens our presence in Central and Latin America,
and positions us to continue our penetration of the service provider
sector in the region. Netrac gives ICE powerful tools to increase
operational efficiency, streamline operations and enhance the overall
quality of service delivered to customers. Based on Netrac's proven
track record in managing large, convergent carrier environments, ICE
will be able to realize considerable benefits and reach unparalleled
customer satisfaction levels."
Netrac will enable ICE to keep precise
inventory of all the equipment underlying its network, as well as
analyze network performance at all times in order to ensure that
customers are benefiting from optimal quality and availability levels,
TTI says.
TTI shares closed on Nasdaq on Wednesday
at $5.78.
|
