eTelecare Global Solutions, a provider of business process outsourcing (BPO) services focused on voice-based segment of customer service, priced its 5.5 million share offering at $13.50, the midpoint of its original $12.50 to $14.50 range. While the company already boasts a client base among U.S. telecommunications and technology companies, it plans to further expand into the Philippines and possibly Australia. Morgan Stanley and Deutsche Bank were the lead managers on the deal. Expect the stock to begin trading today on the NASDAQ under the symbol "ETEL."
