drsvelte, I like this announcement from CSGS-- pushing into a good market... You didn't sell your CSGS stock did you??
CSG Systems, Inc. Begins Commercial Telephony Billing Service For 21ST Century Telecom Group
PR Newswire - June 28, 1999 11:16
ENGLEWOOD, Colo., June 28 /PRNewswire/ -- CSG Systems, Inc., a subsidiary of CSG Systems International, Inc. (Nasdaq: CSGS), has implemented a new commercial telephony billing solution for 21ST Century Telecom, Chicago's only fiber optic provider of cable TV, Internet and telephone services.
"Serving our customers well is our number one priority," said David Jacobs, Vice President of Customer Operations for 21ST Century Telecom. "We expect CSG BillConnect to streamline our billing and customer care tools, making the ordering process much more efficient. The product will certainly make our expansion into additional services much easier."
CSG BillConnect, a modular end-to-end billing solution for convergent providers, will perform parsing, rating and discounting functions for commercial traffic. Also, CSG BillConnect will offer a strong measure of revenue assurance for 21ST Century Telecom by targeting 100 percent of Call Detail Records (CDRs) recorded. Installation of CSG BillConnect was completed on June 14 at 21ST Century Telecom's Chicago-based Network Operations Center.
"Our goal is to provide an end-to-end solution which can efficiently handle any type of telephony service a company chooses to offer -- while maintaining a clear focus on revenue assurance," said Mark Wagner, Vice President of Telephony for CSG. "With CSG BillConnect, 21ST Century Telecom has a robust solution which can handle routing all recorded CDRs with a high level of efficiency, translating positively to their bottom line."
ABOUT CSG SYSTEMS, INC.
Based in Denver, Colorado, CSG Systems, Inc. provides customer care and billing solutions worldwide for the converging communications markets, including cable television, direct broadcast satellite, telephony, on-line services and others. The company offers its clients a full range of processing services, software and support services that automate customer management functions, including billing, sales support, order processing, and invoice analysis for target marketing. In 1998, CSG provided its services to over 1,300 client sites and printed and mailed approximately 325 million bills to its clients' customers.
ABOUT 21ST CENTURY TELECOM
21ST Century Telecom Group is the only single-source, facilities-based provider of bundled telecommunications services in Chicago. The Company's unique bundling strategy via a $250 million state-of-the-art fiber optic network delivers cable TV with 190 digital-quality channels; ultra high-speed Internet access via cable modem; and reliable telephone service at attractive discounted rates -- all on one bill. 21ST Century Telecom's 15-year cable franchise encompasses Area One, which stretches along the Chicago lakefront from Evanston, Ill. to the Hyde Park area. The Company also has franchise agreements with Skokie and Northbrook, Ill. EnterAct, 21ST Century Telecom's Business Services Group, offers a full complement of solutions, including dial-up and dedicated Internet access, web hosting, Internet consulting, co-location, and VPN and LAN/WAN networking.
SOURCE CSG Systems, Inc.
/CONTACT: Media Relations: Matt Barkett, 303-804-4068, matt_barkett@csgsystems.com, or Investor Relations: Liz Bauer, 303-804-4065, liz_bauer@csgsystems.com, both of CSG Systems, Inc.; or Marc Miller, VP of Marketing Management of 21ST Century Telecom Group, 312-955-2501, mmiller@21stcentury.com/ |