SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, DC  20549

                                  FORM 10-C

               REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
                        INTERDEALER QUOTATION SYSTEM
                FILED PURSUANT TO SECTION 13 OR 15(d) OF THE
               SECURITIES EXCHANGE ACT OF 1934 AND RULE 13a-17
                            OR 15d-17 THEREUNDER

                          COMVERSE TECHNOLOGY, INC.
               (Exact name of issuer as specified in charter)

             170 Crossways Park Drive, Woodbury, New York  11797
                  (Address of principal executive offices)

Issuer's telephone number, including area code:  (516) 677-7200


                 I.  CHANGE IN NUMBER OF SHARES OUTSTANDING

Indicate any change (increase or decrease) of five percent or more in the
number of shares outstanding:

1.    Title of security:  Common Stock, par value $0.10 per share
2.    Number of shares outstanding before the change:   20,060,240
3.    Number of shares outstanding after the change:   21,105,240
4.    Method of change:Specify method (such as merger, acquisition, exchange,
                       distribution, stock split, reverse split, acquisition
                       of stock for treasury, etc.)

                       Merger

Give brief description of transaction:  Pursuant to an Agreement and Plan of
Merger dated August 7, 1995 by and between Comverse Technology, Inc. (the
"Company"), Dale, Gesek, McWilliams & Sheridan, Inc. ("DGM&S") and the
shareholders of DGM&S, the Company agreed to issue approximately 1,045,000
shares of the Company's Common Stock as consideration for the merger of a
wholly-owned subsidiary of the Company with and into DGM&S.


                        II.  CHANGE IN NAME OF ISSUER

1.    Name prior to change
2.    Name after change
3.    Effective date of charter amendment changing name
4.    Date of shareholder approval of change, if required

Date: August 31, 1995                         /s/William F. Sorin, Secretary
                                            (Officer's signature and title)