Source - SMW
Billing Services Group is looking at alternative billing arrangements which could potentially offer several advantages over third-party billing through local exchange carriers.

But the company emphasises this is still in its early stages and reiterates its dependence on the LECs.  

The group said that further to the announcement on 9 August, it has continued to work with a local exchange carrier to understand how the LEC will implement certain provisions of the consent decree and the result this may have on BSG's business. 

It said the most recent communication indicated that the LEC intends to take actions beyond what is required by the consent decree, and the board is currently assessing the potential impact of these actions, if implemented.  

It said while the exact financial outcome of this remains to be determined, the board currently believes that it will have some effect on revenue and earnings in the current financial year and a material effect in the future.

At 1:25pm: (LON:BILL) Billing Services Group Ltd share price was -1p at 3p

Related Charts

Billing Services Group (BILL)

-0.13p (-2.94%)
delayed 09:29AM