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Customer service outsourcing provider eTelecare Global Solutions files for IPO, announces terms

March 13, 2007

eTelecare Global Solutions, which provides business process outsourcing services focused on the voice-based segment of customer service, filed for an IPO Tuesday. The company plans to offer 5.5 million ADSs, each of which will represent two common shares, at an anticipated price range of $12.50 to $14.50. Morgan Stanley and Deutsche Bank are the lead underwriters on the deal.