8 Nov 2006 07:02
Billing Services Group Limited08 November 2006 NEWS RELEASE Contacts:Julian Walker - Investor relationsGainsborough Communications Consultancy+44 (0)20 7190 1705jw@gainsboroughcomms.com Erin Brennan GilmoreBlanc & Otus Public Relations - US media relations+1 512 372 6653ebrennan@blancandotus.com DTAC Selects BSG for International Roaming Capabilities Agreement with leading Thai operator strengthens BSG's market share in Asia Pacific region HONG KONG - November 8, 2006 - BSG Clearing Solutions, (BSG), a subsidiary ofBilling Services Group Limited (AIM:BILL), the telecom industry's globalprovider of clearing and settlement services, today announced a new customeragreement with Total Access Communication Public Company Limited (DTAC), aleading Thai telecommunications provider, to deliver international roamingfinancial clearing services. Under the agreement, BSG will manage financial clearing and settlement for thecompany's network of over 300 international roaming partners, includingdetermining operators' net cash positions and transacting the foreign exchangeof funds across various currencies. "With over 10.6 million mobile subscribers, DTAC offers the industry's mostinnovative service available, said Atul Devani, CEO of BSG's wireless services."We're delighted to become further rooted in the Asia Pacific market and lookforward to developing a strong working relationship and supporting them as theycontinue to bring new services to market." 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. About DTACTotal Access Communication Public Company Limited or "DTAC" is one of theleading telecommunication services providers in Thailand, founded in August1989. It provides services with 1800 MHz frequency bands under a concessiongranted by the CAT Telecom Public Company Limited ("CAT"). They are one of thetwo largest service providers in Thai market, operating cellular services underthe DTAC brand. As of the end of March 06, DTAC had nearly 10 million customerswhich accounted for market share of approximately 30 percent. All company or product names are trademarks and/or registered trademarks. ### This information is provided by RNS The company news service from the London Stock Exchange