MIND CTI Ltd Overview
Pro stress-test →MIND CTI Ltd is a leading provider of convergent end-to-end billing and customer care product-based solutions for service providers, unified communications analytics for enterprises as well as enterprise messaging solutions. The company serves a global customer base across billing, enterprise messaging, and UC analytics verticals with a service-heavy business mix, with maintenance and services at 93% of revenue, which typically provides recurring visibility.
Strategic Profile
Pro stress-test →In Q1 2026, MIND CTI delivered higher-margin results with revenue of $5.09M and operating income more than doubling to $0.92M and net income increasing to $0.87M. However, management highlighted a challenging pricing environment and the planned non-renewal of a major customer effective March 2027, expected to reduce future revenue and income. On May 26, 2026, following the resignation of Chief Executive Officer Ariel Glassner, the board appointed company founder and former CEO Monica Iancu as interim chief executive, effective July 1, 2026.
Competitive Landscape
Pro stress-test →MIND CTI competes in the telecom billing and enterprise software analytics markets against established players offering convergent billing platforms and UC analytics solutions. The company faces competition from both legacy billing vendors (Comarch, Openet/Amdocs) and newer cloud-native entrants. Geographic and customer concentration (major customer dependency) constrains competitive positioning relative to larger, more diversified software peers.
Industry Context
MIND CTI Ltd operates in Telecom billing software.
Key facts
Founded: Over 30 years of operations (founded in or before mid-1990s) · Headquarters: Yokneam Illit, Israel · Employees: Not disclosed · Revenue: $19.5M (TTM as of June 2026) · Market cap: $19.3M