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BSS (inc. billing, revenue assurance)

BSG Expands Telstra Deal

HONG KONG -- BSG Clearing Solutions (BSG), a subsidiary of Billing Services Group Limited (AIM: BILL), the telecom industry's global clearing and settlement provider, today announced the renewal and expansion of its contract with Telstra, Australia's principal telecommunications company, for financial clearing and settlement services.

Under the agreement, BSG will continue to provide GSM financial clearing and settlement services for their international roaming partners, including determining operators' net cash positions and transacting foreign exchange of funds across various currencies. In addition, Telstra selected BSG over its incumbent CDMA clearing provider to begin handling the financial clearing for its CDMA roaming network. Telstra has a significant number of roaming partners on both GSM and CDMA. Atul Devani, CEO of BSG's wireless services commented, "We are thrilled to continue our relationship with Telstra and expand our services for both of their roaming platforms. This contract is a testament to the quality of our working relationship and we look forward to continuing to serve them."

BSG Clearing Solutions GmbH (BSG)

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