Here is news of some major potential for BLLS.
Time Warner Cable Selects Billserv, Inc. as Electronic Billing Provider For Its Network of Cable Operations
Agreement Gives Billserv, Inc. the Potential to Process More Than 12.7 Million Monthly Customer Bills
SAN ANTONIO, Jan 25, 2001 /PRNewswire via COMTEX/ -- Billserv, Inc. (Nasdaq: BLLS chart, msgs), the leading Internet bill presentment and payment outsourced solutions provider, today announced Time Warner Cable has selected Billserv, Inc. as a preferred electronic billing provider. The agreement enables the individual Time Warner Cable operating divisions to establish relationships with Billserv, Inc. and to quickly and cost effectively bring electronic bill presentment and payment capabilities to their customers.
For the Time Warner Cable operators, Billserv, Inc. enables each company to select the billing model that best suits their consumers' needs, including the ability to view and pay their bills directly on the company's Web site, at a variety of front-ends such as banks, portals and billing aggregation sites, or a combination of the two. Billserv, Inc. is the only electronic billing solution provider with agreements with every major billing consolidator including CheckFree, Bank of America, Spectrum, MasterCard RPPS, Paytrust, Cyber Bills, and BillingZone giving companies and customers a wide variety of Web sites to deliver, view, pay and manage bills.
"Our agreement with Time Warner is a significant step forward for Billserv, Inc., which places us in a favorable position within the largest cable network in the nation," said Michael Long, chairman and CEO of Billserv, Inc. "Not only does the agreement benefit Time Warner by making it quick and easy for its regional operators to work with Billserv, Inc., it strengthens Billserv, Inc.'s position in the cable industry by opening an enormous customer base within very attractive markets throughout the U.S. Our fully integrated products and services and our ability to establish, deliver and execute a complete strategic vision will ensure the best value proposition for customers of Time Warner." |
