TTI Team Telecom to Spin Off Call Data Records Operations - TheStreet

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.

Shares of TTI lost 56 cents, or 3.5%, to $15.38 in recent

Nasdaq

trading.