BSG Agreement with Alegro PCS

19 Sep 2007 07:03

Billing Services Group Limited19 September 2007 NEWS RELEASE Contacts: Erin Brennan GilmoreBlanc & Otus Public Relations+1 512 372 6653ebgilmore@blancandotus.com Julian Walker - Investor relationsThe Hogarth Partnership+44 (0)20 7357 9477jwalker@hogarthpr.co.uk BSG Signs Agreement with Ecuadorian Operator ALEGRO PCS Global clearinghouse demonstrates continued traction in Latin America LONDON - September 19, 2007 - BSG Clearing Solutions, a subsidiary of BillingServices Group Limited (AIM: BILL), the telecom industry's clearing andsettlement provider, today announced an agreement with TELECSA S.A - ALEGRO PCS,one of Ecuador's leading mobile operators, to provide financial clearingservices. ALEGRO will now have real-time financial visibility, greater controland increased revenue assurance for its roaming business as a result of thisagreement. "We're delighted to have a choice now for our financial clearing needs and lookforward to experiencing good service, more visibility and greater revenueassurance at reduced costs," said Karel Mestanza, International RoamingCoordinator for TELECSA S.A - ALEGRO PCS. BSG offers its proven ACTiNet financial clearing services to AMPS, CDMA and TDMAcarriers worldwide. BSG's ACTiNet automates financial clearing for interactivenet settlements and offers unique integrated processes for clearing andsettlement at a lower market price. Benefits include a dedicated accountmanagement team, as well as sophisticated, real-time financial reporting andanalysis and access to historical data. "BSG's ACTiNet service provides wireless operators like Alegro PCS a highlyefficient financial clearing alternative," said David Wasserman, General Managerof the Americas for BSG. "We're committed to supporting ALEGRO and continue tosee more opportunity for growth in Latin America." About TELECSA S.A - ALEGRO PCSTELECSA entered the Ecuadorian market on the year 2003 under the commercial nameof Alegro PCS. Some of the main government companies: Andinatel and Pacifictelsupport Alegro PCS, they believe that a government-owned mobile company haspotential to grow and gain strength against local competition by offering aquality service and running an efficient operation. The main services offered byTELECSA S.A - ALEGRO PCS are Voice Mobile Service, Broadband Internet, DataTransmission, SMS, International Long Distance and International Roaming.TELECSA S.A - ALEGRO PCS has nationwide coverage reaching the majority ofEcuador's population. The main strategy is to position as an Ecuadorian companyfocused on Ecuadorians' needs, based on service quality, innovation,creativeness and fair prices. TELECSA'S objective is to increase coverage in theshort term, offer innovative products, and try to reach multiple targets in themarket, always assuring high customer satisfaction. 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. 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