DiGi Selects BSG for International Roaming Capabilities.Agreement with Leading Malaysian Mobile Operator Further Extends BSG's Customer Base in Asia HONG KONG Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. -- BSG BSG Battlestar Galactica BSG Broadband Stakeholder Group (UK) BSG British Society of Gastroenterology (London, UK) BSG Business Systems Group BSG Business Solutions Group BSG Basigin Clearing Solutions, (BSG), a subsidiary of Billing Services Group Limited (AIM:BILL), the telecom industry's clearing and settlement provider, today announced an agreement with Malaysian operator DiGi Telecommunications DiGi Telecommunications is a mobile phone service provider in Malaysia using the dialling codes of "016, 014-32, 014-35, 014-30, 014-31 and 014-6". It is owned in majority by Telenor ASA of Norway with 61%. Sdn Bhd SDN BHD Sendirian Berhad (Malay equivalent to incorporated) to deliver international roaming financial clearing services. Under the agreement, BSG will manage financial clearing and settlement for the company's network of over 200 international roaming partners, including determining operators' net cash positions and transacting the foreign exchange of funds across various currencies. "BSG is helping us to simplify the financial clearing process by offering flexibility and visibility that allows us to manage our settlement efficiently without compromise on control and governance," said Johan Dennelind, chief financial officer at DiGi. Atul Devani, chief executive of BSG's wireless services, said: "We're thrilled to increase our Asian client base through this partnership with Malaysia's fastest-growing mobile operator and will fully support DiGi as their international roaming customer base continues to expand." 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 20 billion transactions annually for 750 of the world's largest communications companies throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , 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 monetizes 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 London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. (AIM) under the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors BILL. For more information, visit www.bsgclearing.com. About DiGi DiGi is Malaysia's fastest-growing mobile operator, driven by innovation, simplicity and best value through DiGi Prepaid, DiGi Postpaid and DiGi Business. |
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