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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

# FORM 20-F/A

# (Amendment No. 1)

(Mark One)

|o | Registration
statement pursuant to Section 12(b) or 12(g) of the Securities Exchange Act of 1934
|- | ------------------------------------------------------------------------------------------------

or

|x | Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
|- | ------------------------------------------------------------------------------------

# For the fiscal year
ended December 31, 2007

or

|o | Transition report
pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
|- | ----------------------------------------------------------------------------------------

For the transition period from ________ to ________

or

|o | Shell
company report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
|- | -------------------------------------------------------------------------------------------

Date of event requiring this shell company report_____
Commission file number
0-30348

ECtel Ltd.
(Exact
name of registrant as specified in its charter)

Israel
(Jurisdiction
of incorporation or organization)

10 Amal Street, Park
Afek, Rosh Haayin 48902, Israel
(Address
of principal executive offices)

Hadar Solomon,
Corporate Secretary
Tel: +972-3-900-2121
Facsimile:
+972-3-900-2122
e-mail:
hadars@ectel.com
10 Amal Street, Afek
Industrial Park Rosh Haayin 48092 Israel(Name,
telephone, e-mail and/or facsimile number and address of company contact person)

Securities
registered or to be registered pursuant to Section 12(b) of the Act:

|                                              |                                          
|--------------------------------------------- | -----------------------------------------
|
|
|
|
|Title of each class                           | Name of each exchange on which registered
|Ordinary Shares, NIS 0.04 par value per share | Nasdaq Global Market                     

Securities
registered or to be registered pursuant to Section 12(g) of the Act: 
None

Securities for
which there is a reporting obligation pursuant to Section 15(d) of the Act:
None
(Title of Class)

Indicate the number of outstanding
shares of each of the issuers classes of capital or common stock as of December 31,
2007: 16,686,401 Ordinary
Shares, nominal value NIS 0.04 per share



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Indicate by check mark if the
registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.

o Yes    x No

If this report is an annual or
transition report, indicate by check mark if the registrant is not required to file
reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.

o Yes    x No

Indicate by check mark whether the
registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the
Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period
that the registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days.

x Yes    o No

Indicate by check mark whether the
registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer.
See definition of accelerated filer and large accelerated filer in Rule 12b-2
of the Exchange Act. (Check one):

|                          |                     |                        
|------------------------- | ------------------- | -----------------------
|
|
|
|
|Large accelerated filer o | Accelerated filer o | Non-accelerated filer x

Indicate by check mark which basis of
accounting the registrant has used to prepare the financial statements included in this
filing:

GAAP x

International Financial Reporting Standards as issued by the International Accounting Standards Board o

Other o

If Other has been checked
in response to the previous question, indicate by check mark which financial statement
item the registrant has elected to follow.

Item 17 o Item 18 o

If this is an annual report, indicate
by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the
Exchange Act).

o Yes    x No

Indicate by check mark whether the
registrant has filed all documents and reports required to be filed by Sections 12, 13 or
15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities
under a plan confirmed by a court.

o Yes    o No

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EXPLANATORY NOTE

This
Amendment No. 1 to the Annual Report on Form 20-F of ECtel Ltd. (ECtel) is
being filed with the Securities and Exchange Commission (the Commission) for
the sole purpose of completing Item 19 of ECtels Annual Report, filed with the
Commission on June 18, 2008, by adding to the Certification of the Principal Executive
Officer and the Certification of the Principal Financial Officer of ECtel pursuant to 17
CFR 240.13a-14(a), as adopted pursuant to §302 of the Sarbanes-Oxley Act, certain
language inadvertently omitted therefrom. Following is the amended Item 19:

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|Item 19. |  | Exhibits
|-------- |  | --------

|Exhibit No. |  | Description
|----------- |  | -----------

|1.1 |  | Memorandum
of Association (previously filed as Exhibit to our Registration Statement on Form F-1,
and incorporated herein by reference).
|--- |  | ----------------------------------------------------------------------------------------------------------------------------------------

|1.2 |  | Amended
and Restated Articles of Association (as amended on September 26, 2005) (previously filed
as Exhibit to our Annual Report on Form 20-F for the fiscal year ended December 31, 2005,
filed June 15, 2006, and incorporated herein by reference).
|--- |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|4.(b)1 |  | Registration
Rights Agreement, dated March 24, 2008, by and among certain investors and the Registrant
(previously filed as Exhibit to our Annual Report on Form 20-F for the fiscal year ended
December 31, 2007, filed June 18, 2008, and incorporated herein by reference).
|------ |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|4.(c)1 |  | ECtel
Managers and Employees Option Allotment Plan, as amended (previously filed as Exhibit to
our Annual Report on Form 20-F for the fiscal year ended December 31, 1999, filed June
30, 2000, and incorporated herein by reference) (1).
|------ |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|4.(c)2 |  | ECtel
International Employee Stock Option Plan, as amended (previously filed as Exhibit to our
Annual Report on Form 20-F for the fiscal year ended December 31, 1999, filed June 30,
2000, and incorporated herein by reference).
|------ |  | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|4.(c)3 |  | ECtel
Director Share Option Plan 1999 (previously filed as Exhibit to our Registration
Statement on Form F-1, and incorporated herein by reference).
|------ |  | ----------------------------------------------------------------------------------------------------------------------------------------------------

|4.(c)4 |  | ECtel
2003 Share Option Plan (previously filed as Exhibit to our Annual Report on Form 20-F for
the fiscal year ended December 31, 2003, filed June 28, 2004 and incorporated herein by
reference).
|------ |  | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|4.(c)5 |  | ECtel
2003 U.S. Employee Stock Option Plan (previously filed as Exhibit to our Annual Report on
Form 20-F for the fiscal year ended December 31, 2003, filed June 28, 2004 and
incorporated herein by reference).
|------ |  | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|4.(c)6 |  | 2003
Equity Incentive Plan (previously filed as Exhibit to our Annual Report on Form 20-F for
the fiscal year ended December 31, 2005, filed June 15, 2006, and incorporated herein by
reference).
|------ |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|4.(c)7 |  | Form
of Indemnification Letter (previously filed as Exhibit to our Annual Report on Form 20-F
for the fiscal year ended December 31, 2007, filed June 18, 2008, and incorporated herein
by reference).
|------ |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|8.1 |  | List
of Subsidiaries (previously filed as Exhibit to our Annual Report on Form 20-F for the
fiscal year ended December 31, 2007, filed June 18, 2008, and incorporated herein by
reference).
|--- |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|12.1* |  | Certification
 of Principal  Executive  Officer  pursuant to 17 CFR  240.13a-14(a),  as adopted
                    pursuant toss.302 of the Sarbanes-Oxley Act
|----- |  | ---------------------------------------------------------------------------------------------------------------------------------------------------------------

|12.2* |  | Certification
 of Principal  Financial  Officer  pursuant to 17 CFR  240.13a-14(a),  as adopted
                    pursuant toss.302 of the Sarbanes-Oxley Act
|----- |  | ---------------------------------------------------------------------------------------------------------------------------------------------------------------

|13.1 |  | Certification
of Principal Executive Officer pursuant to 18 U.S.C. § 1350, as adopted pursuant to
§ 906 of the Sarbanes-Oxley Act (previously filed as Exhibit to our Annual Report on
Form 20-F for the fiscal year ended December 31, 2007, filed June 18, 2008, and
incorporated herein by reference).
|---- |  | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|13.2 |  | Certification
of Principal Financial Officer pursuant to 18 U.S.C. § 1350, as adopted pursuant to
§ 906 of the Sarbanes-Oxley Act (previously filed as Exhibit to our Annual Report on
Form 20-F for the fiscal year ended December 31, 2007, filed June 18, 2008, and
incorporated herein by reference).
|---- |  | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|(1) |  | English
translation from Hebrew original.
|--- |  | -----------------------------------------

(*) Filed herewith.

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# SIGNATURES

The
Registrant hereby certifies that it meets all of the requirements for filing on Form 20-F
and that it has duly caused and authorized the undersigned to sign this Amendment No. 1 to
the Annual Report on its behalf.

| |  | ECTEL LTD.(Registrant)By: /s/ Itzik Weinstein
Itzik WeinsteinPresident and Chief Executive OfficerDate: September 4, 2008
| |  | ---------------------------------------------------------------------------------------------------------------------------------------

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