Acquisition Drives Company’s Global Expansion and Expertise in Charging and Policy
ENGLEWOOD, Colo.--(BUSINESS WIRE)--CSG International, Inc. (NASDAQ: CSGS), a global provider of interactive transaction-driven solutions and services, today announced that it has purchased key assets of Volubill, a leading supplier of integrated real-time policy and charging solutions to mobile, satellite, and fixed broadband operators.
Volubill products, which are used by service providers globally to bring to market and monetize the new generation of digital, communication-based services, are a natural extension of CSG’s current market-leading billing and revenue management portfolio.
“CSG’s global strength, credibility, and coverage will enable Volubill products to reach a much wider market than was possible for Volubill alone,” said John Aalbers, CEO of Volubill. “We are very pleased to become part of the CSG family.”
Volubill clients will gain the expertise and support of a 30-year partner to the world’s leading communications service providers. CSG’s continual investments in innovation and efficiencies have made it a leader in next-generation software and services offerings that drive profitability and competitiveness for its global clients.
“As communications service providers around the world seek to uncover more profitable revenue streams by monetizing network data and providing an improved customer experience, charging and policy become central components of integrated global service delivery,” said Karl Whitelock, director of global OSS and BSS strategy at Stratecast. “CSG is meeting this growing need by augmenting its capabilities across the monetization process with, policy, charging, and service optimization.”
CSG currently provides comprehensive software, technology, and services solutions to more than 500 global communications clients. Assets acquired will allow CSG to rapidly expand its charging and policy reach and expertise while providing a path to innovative new capabilities and services.
“Our clients are always looking for the most effective ways to maximize the value from the data and traffic that travel across their networks, and Volubill was an early innovator in that space,” said David Heaps, senior vice president of business strategy at CSG. “Volubill’s well-respected brand and broad client installations will bolster CSG’s own expertise in revenue management, service personalization, and customer management. CSG has a deep client-focused culture and a reputation for maintaining long-term relationships. We look forward to serving the Volubill customer base.”
About CSG International
CSG Systems International, Inc. (NASDAQ:CSGS) is a market-leading business support solutions and services company serving the majority of the top 100 global communications service providers, including leaders in fixed, mobile, and next-generation networks such as AT&T, Comcast, DISH, Orange, Reliance, SingTel Optus, Telecom New Zealand, Telefonica, Time Warner Cable, T-Mobile, Verizon, Vivo, and Vodafone. With more than 30 years of experience and expertise in voice, video, data, and content services, CSG International offers a broad portfolio of licensed and Software-as-a-Service (SaaS)-based products and solutions that help clients compete more effectively, improve business operations and deliver a more impactful customer experience across a variety of touch points. For more information, visit our website at www.csgi.com.