Comcasts Extends Agreement with CSG Systems by 1 Year
July 06 2023 - 10:14AM
Dow Jones News
By Ben Glickman
Comcast extended a subscriber management system agreement with
CSG Systems International for an additional year.
CSG Systems said in a regulatory filing Thursday that Comcast
had extended a multi-year Master Subscriber Management System
Agreement through December 31, 2025, adding a year to the lucrative
contract for CSG Systems. Comcast exercised the option June 29.
The billing and payment services company said in the filing that
about 18% of total revenue came from Comcast in the first quarter
of 2023.
The existing agreement said that CSG Systems would provide print
and mail services for residential customers until the end of 2025.
An agreement to provide processing and other services was
originally set to expire at the end of 2024, with an option to
extend.
Write to Ben Glickman at ben.glickman@wsj.com
(END) Dow Jones Newswires
July 06, 2023 09:59 ET (13:59 GMT)
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