BSG Clearing Solutions To provide GSM Wireless Data Clearing In Ukraine
London, UK -/February 27, 2006 - Wi-Fi Technology News/- BSG Clearing Solutions GmbH, a leading provider of clearing and settlement, payment services and financial risk management solutions for communications service providers, today announced that it was selected by Astelit, LLC, an international digital communications technology and service provider, to provide GSM wireless data clearing capabilities for Astelit’s mobile operator life:). Astelit LLC launched life:) in January 2005 and is the third of five Ukrainian telecommunications operators to select BSG for data clearing services.
“With over 2.46 million GSM users, life:) is one of the fastest-growing operators in the Ukraine. Their technologically-advanced offerings and customised approach position them well to quickly become a powerful player in Ukraine’s mobile telecommunications market,” said Patrick Haynes III, CEO of BSG Clearing Solutions. “Our new agreement is testament to our trusted reputation in the Ukraine and we look forward to fully supporting Astelit LLC as they continue to expand their coverage area and network capacity.”
Under the agreement, BSG Clearing Solutions GmbH will supply GSM wireless data clearing capabilities for international roaming, SMS and MMS inter-working and other roaming-related projects. The data clearing services provided by BSG give Astelit LLC the ability to exchange and clear roaming records for its 467 roaming partners in 181 countries through a single source, while improving the companies’ revenue assurance. BSG’s wireless data clearing services will continue to help facilitate life:)’s flexible payment terms and high-speed data transfer services, providing business intelligence reporting and the latest in TAP File Version 1, 2, 2+ and 3.
Ms. Irina Mandzya of Astelit LLC said of the relationship, “We are confident in BSG and the quality of the services they will provide. With some of the industry’s most advanced billing services, BSG gives us a competitive edge by providing what we need to better serve our customers. This is especially important as we continue expanding our advanced network throughout the Ukraine.”
About Astelit, LLC
Astelit LLC is a pioneering digital communications technology and service provider. It is a partially owned subsidiary of Turkcell, Turkey — one of the most important international telecommunication companies. Launched to operate in 2005, Astelit LLC has established an international reputation for innovation and quality as a result of the development of new generation technologies used by Astelit LLC in response to rapidly emerging, dynamic telecommunications business opportunities. Astelit LLC develops, operates and markets industry-leading voice, fax, data and Internet services for subscribers, organizations, joint ventures, banks, business centres, corporations.
About BSG Clearing Solutions
BSG Clearing Solutions is a leading global provider of clearing and settlement, payment services, and financial risk management solutions for communications service providers. The company processes over 15 billion transactions annually for 570 of the world’s largest communications companies throughout North America, Europe and Asia. With a ubiquitous, scalable platform and an extensive portfolio of clearinghouse services for fixed-line, wireless, Wi-Fi, and broadband networks, BSG monetises network transactions by facilitating the financial exchange of its customers’ services. BSG meets the needs of today’s complex network interconnections and anticipates the requirements of converging technologies, allowing for rapid and reliable deployment. BSG Clearing Solutions is an operating subsidiary of Billing Services Group Limited, which is publicly traded on the London Stock Exchange (AIM) under the ticker symbol BILL. For more information, visit
http://www.bsgclearing.com.
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