MER Telemanagement Solutions Ltd. (Nasdaq:MTSL)
Shares of MTSL surged on Tuesday's trading session after the company reported a three year agreement with SBC Communications, LLC, a large U. S. based service provider of internet, cable TV, home phone and wireless services, to provide its cloud and managed services MVNE (Mobile Virtual Network Enabler) solution.
The MTSL 's MVNE managed services and cloud solution provides established and new MVNOs (Mobile Virtual Network Operators) like SBC Communications, the ideal service platform to enable a quick market penetration, flexible personalization, and rapid systems integration into any business operation.
This allows new MVNOs to focus their efforts on sales and marketing rather than back office technology and complex network integrations. MVNOs can rapidly gain a competitive advantage in the marketplace with MTSL 's comprehensive, end-to-end MVNE managed service solution that is specifically designed to align with their business objectives and meet the needs of their target market; regardless of their size, service offerings or business ecosystem.
MTSL stock is trading for about $2.77, representing an increase of $0.93 or 50.55%, with over 1,440,700 shares traded so far
MTSL is a worldwide provider of innovative products and services for Telecom Expense Management (TEM), Enterprise Mobility Management (EMM), Mobile Virtual Network Operators and Enablers (MVNO/MVNE) and Mobile Money services and solutions used by mobile service providers.
More about MER Telemanagement Solutions Ltd. (Nasdaq:MTSL) at www.mtsint.com .
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