BILL.L Regulatory News (BILL)

29 Jan 2007 07:02

Billing Services Group Limited29 January 2007 NEWS RELEASE Contacts:Julian Walker - Investor relationsGainsborough Communications Consultancy+44 (0)20 7190 1705jw@gainsboroughcomms.com Erin BrennanBlanc & Otus Public Relations - US media relations+1 512 372 6653ebgilmore@blancandotus.com Cell C in South Africa Renews Contract for GSM Data Clearing Services with BSG Clearing Solutions RUSSELSHEIM, GERMANY - January 29, 2006 - BSG Clearing Solutions GmbH, (BSG), asubsidiary of Billing Services Group Limited (AIM:BILL), the telecom industry'sclearing and settlement provider, today announced a multi-year renewal agreementwith South Africa's third cellular operator, Cell C, to deliver internationalroaming data clearing services. Under the agreement, BSG will manage data clearing for the company's network of331 international roaming partners covering 152 countries. Cell C has an activesubscriber base of over 2.9 million and with the tourism industry in SouthAfrica thriving, the number of roaming partners and level of internationalroaming traffic is set to rise. Atul Devani, Chief Executive of BSG's wireless services commented, "We arecommitted to the concept of providing cost-effective, manageable, risk assessedand high quality services. The renewal agreement with Cell C is another examplethat demonstrates this ongoing dedicated commitment." Jannie van Niekerk, International Roaming Manager at Cell C South Africa said,"Cell C is about people, and we are happy to work with BSG where a highlymotivated and professionally skilled team supports us in all respects forclearing services. We chose BSG based upon the quality of service we receive,the support provided and the investment BSG makes in future-proof technology.Our aim is to provide a high quality roaming service to our loyal customer baseand BSG is helping us to achieve this." About Cell CCell C (Pty) Ltd is the third cellular operator in South Africa, offeringproducts and services to more than 2 million active prepaid subscribers, over700,000 postpaid subscribers and around 40,000 community service telephones.With a network capable of providing voice, data and multimedia communications,the company is committed to delivering to subscribers a full range of GSMservices, based on the key principles of simplicity, choice and value. Launchedin November 2001, Cell C has rolled out in excess of 2120 base stationsnationwide and now carries over 84% of its own traffic. The network operator hasroaming agreements with over 319 telecommunications operators in 151 countriesworldwide. Cell C is South Africa's most empowered Telecommunications Company interms of equity ownership, preferential procurement, employment equity andenterprise and skills development. Visit: www.cellc.co.za for more informationon Cell C and its products and services. About BSG Clearing SolutionsBSG Clearing Solutions is a leading global provider of clearing and settlement,payment services, and financial risk management solutions for communicationsservice providers. The company processes over 20 billion transactions annuallyfor 750 of the world's largest communications companies throughout NorthAmerica, Europe and Asia. With a ubiquitous, scalable platform and an extensiveportfolio of clearinghouse services for fixed-line, wireless, Wi-Fi, andbroadband networks, BSG monetizes network transactions by facilitating thefinancial exchange of its customers' services. BSG meets the needs of today'scomplex network interconnections and anticipates the requirements of convergingtechnologies, allowing for rapid and reliable deployment. BSG Clearing Solutionsis an operating subsidiary of Billing Services Group Limited, which is publiclytraded on the London Stock Exchange (AIM) under the ticker symbol BILL. For moreinformation, visit www.bsgclearing.com. This information is provided by RNS The company news service from the London Stock Exchange