TIDMBILL

RNS Number : 7165G

Billing Services Group Limited

09 August 2016

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.

END

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.

This information is provided by RNS

The company news service from the London Stock Exchange

END

ARIPLMATMBMMBAF

(END) Dow Jones Newswires

August 09, 2016 11:10 ET (15:10 GMT)

Billing Services (LSE:BILL)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Billing Services Charts.
Billing Services (LSE:BILL)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Billing Services Charts.