Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Jossi Mike
 2. Date of Event Requiring Statement (Month/Day/Year)
08/15/2007		 3. Issuer Name and Ticker or Trading Symbol
TELETECH HOLDINGS INC [TTEC]
(Last)
(First)
(Middle)
C/O TELETECH HOLDINGS, INC., 9197 S. PEORIA STREET		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP - Human Capital
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

ENGLEWOOD, CO 80112		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) 01/10/2006 01/10/2015 Common Stock 9,600 (1) $ 9.25 D  
Stock Option (Right to Buy) 02/15/2007 07/15/2016 Common Stock 20,000 (1) $ 12.75 D  
Restricted Stock Unit 01/22/2008 01/22/2017 Common Stock 30,000 (2) $ 25.82 D  
Restricted Stock Unit 04/13/2008 04/13/2017 Common Stock 15,000 (2) $ 39.94 D  
Restricted Stock Unit 06/22/2008 06/22/2017 Common Stock 75,000 (2) $ 31.26 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Jossi Mike
C/O TELETECH HOLDINGS, INC.
9197 S. PEORIA STREET
ENGLEWOOD, CO 80112		       EVP - Human Capital  

Signatures

/s/ Mike Jossi 08/21/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Stock options vest in equal installments over a period of four years beginning on the first anniversary of the date of grant.
(2) Two-thirds of the Restricted Stock Units vest pro rata over three years based on achievement of performance goals set by the Board of Directors. One-third vest pro rata equally over five years subject to continued employment by the Company.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

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