Telstra Expands Contract

31 Jul 2007 07:02

Billing Services Group Limited31 July 2007 NEWS RELEASE Contacts:Julian Walker - Investor relationsThe Hogarth Partnership+44 (0)20 7357 9477jwalker@hogarthpr.co.uk Erin BrennanBlanc & Otus Public Relations - US media relations+1 512 372 6653ebrennan@blancandotus.com Telstra Expands Contract with BSG HONG KONG - July 31, 2007 - BSG Clearing Solutions, (BSG) a subsidiary ofBilling Services Group Limited (AIM:BILL), the telecom industry's globalclearing and settlement provider, today announced the expansion of itscontracted services with Telstra, Australia's principal telecommunicationscompany. Under the agreement, BSG will provide data clearing services for Telstra whichis in addition to the financial clearing services already provided by BSG. Atul Devani, CEO of BSG's wireless services commented, "We are delighted toexpand our relationship with Telstra. This contract is a testament to thequality of our working relationship and we look forward to continuing to servethem." 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 Telstra Corporation LimitedTelstra is Australia's leading telecommunications and information servicescompany, with one of the best known brands in the country. They offer a fullrange of services and compete in all telecommunications markets throughoutAustralia, providing more than 9.86 million Australian fixed line and more than8.9 million mobile services. Telstra provides integrated telecommunicationsservices throughout Australia's vast geographical area through both fixed andmobile network infrastructure. This network and systems infrastructure underpinsthe carriage and termination of the majority of Australia's domestic andinternational voice and data telephony traffic. For more information, visitwww.telstra.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