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| CTI acquires UK billing company |
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| Monday, 15 January 2007 | |
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CTI Group (Holdings) Inc, an international provider of electronic and on-line billing solutions and developer of VoIP business applications, announced that it has acquired Ryder Systems Ltd for approximately US$11mn. Ryder Systems Ltd, located in Blackburn, UK, is a provider of electronic and on-line billing services to telecommunications service providers principally in the mobile phone market.
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