29th Nov 2006 07:03
Billing Services Group Limited29 November 2006 Contacts:Julian Walker - Investor RelationsGainsborough Communications Consultancy+44 (0) 207 190 [email protected] Erin Brennan GilmoreBlanc & Otus Public Relations - US media relations+1 512 372 [email protected] Cellcom Israel Renews Agreement with BSG Clearing Solutions for Data Clearing Services Russelsheim, Germany - November 29, 2006 - BSG Clearing Solutions (BSG), asubsidiary of Billing Services Group Limited (AIM:BILL), the telecom industry'sclearing and settlement provider today announced that Cellcom Israel has renewedits agreement with BSG for GSM wireless data clearing services. The multi-yearcontract demonstrates the ongoing strength of the Cellcom and BSG relationship. Under the agreement, BSG Clearing Solutions will continue to provide GSMwireless data clearing services for international roaming traffic. "BSG has always supported Cellcom's business growth objectives. We assisted themby providing Roaming Agreement Management and more recently SMS Interworking"stated Atul Devani, CEO of BSG's Wireless Services. "We're excited that we cancontinue to work collaboratively with Cellcom to bring forward new phasetechnologies that include Near Real Time Roaming Data Exchange (NRTRDE) forfraud prevention." Yuval Shani, Roaming Manager, Cellcom Israel commented, "Our customers are ourpriority. We are happy with the high quality of service, operational expertiseand the experience BSG has in the clearing market place. Their continuedcommitment and seamless effort means our data clearing needs are best positionedwith our existing supplier. We look forward to developing the relationshipfurther with BSG, together taking a strategic approach to best serve ourcustomers with new generation technologies." About Cellcom IsraelCellcom was founded at the end of 1994, and within a short time revolutionizedIsrael's telecommunications industry. Today Cellcom is the leading cellularcommunications operator and one of the strongest brands in Israel. From itsfirst day, Cellcom is committed to high standards, quality service, affordableprices, reliability and innovative technology, for every customer.Cellcom's growth and success are based on deep understanding of the changingneeds and demands of our customers and the community. Cellcom caused arevolution that inspired the Israeli society, from school kids to seniorcitizens, from families to global businesses.Communication is a highly dynamic industry, fast and competitive. Cellcom ischallenged every day by new ideas, fresh technology and higher standards. As anIsraeli leader, Cellcom's role is to improve people's ability to connect andcommunicate, and to provide the most innovative products, best solutions andadvanced services.Cellcom's shareholdersIDB - 78.5%Other investors - 21.5%Additional facts2.82 million clientsComprehensive countrywide coverage - "from Dan to Eilat" 360 marketing outlets and 30 service centers countrywideInfrastructure investments of $1.5 billion 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. ENDS This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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