9 Aug 2016 16:10
NEWS RELEASE
August 9, 2016
Billing Services Group Limited
('BSG' or the 'Company')
LEC Notice
BSG, a leading provider of telecommunications clearing and financial settlement products, Wi-Fi data solutions and verification services, notes the announcement that a large local exchange carrier (the 'LEC') has entered into a consent decree (the "Consent Decree") with the Federal Communications Commission and that this Consent Decree includes a requirement that the LEC cease wireline third-party billing with certain limited exceptions. BSG has also been notified of this by the LEC and is working with the LEC to determine the impact to the Company's operations. Further announcements will be made as and when necessary.
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Inquiries:
Billing Services Group Limited +1 210 949 7000
Norm Phipps
finnCap Limited +44 (0)20 7220 0500
Stuart Andrews/Scott Mathieson
BSG Media Relations +1 210 326 8992
Leslie Komet Ausburn
About BSG:
BSG has locations in San Antonio, Texas, USA and Aldermaston, United Kingdom, and is traded on the London Stock Exchange (AIM: BILL). For more information on BSG, visit www.bsgclearing.com.