TTI Team Telecom to Spin Off Call Data Records Operations
TTI Team Telecom
(TTIL)
said Friday it started a process to spin off its call data records business into an independent company.
The Israeli telecommunications software products and services company expects to complete the spinoff sometime in 2001.
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Shares of TTI lost 56 cents, or 3.5%, to $15.38 in recent
Nasdaq
trading.
