Billing Services Group revenue falls as board seeks sale of business
20th Sep 2019 09:44
(Sharecast News) - Telecommunications clearing and financial settlement provider Billing Services Group reported a $1.4m (£1.12m) year-on-year decline in revenue to $7m in its half-year results on Friday.
Read moreBilling Services makes final payment in FTC settlement
4th Sep 2018 13:51
(Sharecast News) - Telecommunications clearing and financial settlement products provider Billing Services Group has made its 10th and final payment in its settlement with the Federal Trade Commission, it announced on Tuesday.
Read moreBilling Services pays third installment over fake phone charges scandal
16th Dec 2016 10:16
(ShareCast News) - San Antonio-based telecommunications firm Billing Services Group made a third payment of $520,000 on Wednesday as part of its settlement with the US Federal Trade Commission. In May, the AIM-listed company reached an agreement with the FTC over claims that Billing Services placed
Read moreBilling Services Group posts decline in interim revenue
10th Sep 2015 08:19
(ShareCast News) - Clearing and financial settlement products provider Billing Services Group reported a decline in interim revenue and earnings. In the six months to 30 June, the London-listed group posted 29.7% year-on-year decline in earnings before interest, tax, depreciation and amortisation to
Read moreBilling Services slashes debt but warns on full year sales
11th Sep 2013 14:47
Telecoms billing facilitator Billing Services Group saw revenues dwindle in the first half and warned full year figures would fall below expectations. The company produced a net loss up from $8.2m to $9.3m as revenues fell 30% to $27m in the half to June. Earnings before interest, tax, depreciatio
Read moreBilling Services reduces debt again
1st Sep 2011 09:50
Shares of Billing Services Group, a payment and financial risk management provider, rose 9% after it repaid $2m of its senior debt yesterday. The group, which provides solutions to the telecommunications industry, said at the close of business on 31 August 2011, total outstanding senior debt has b
Read moreBilling Services Group further reduces debt
1st Jul 2011 11:50
Shares of payment and financial risk management provider Billing Services Group soared 20% following its announcement that it had repaid $4.4m of its senior debt and entered into a new credit facility with reduced pricing. Billing services, which provides services primarily to the telecommunicatio
Read moreMellon requisitions Billing Services meeting
24th Feb 2011 18:34
Jim Mellon and Isle of Man-based Manx Financial have requisitioned a general meeting at AIM-quoted Billing Services Group (BSG) in order to change the make-up of the board. AIM-quoted Manx and Jim Mellon, who own 24.54% of BSG between them, want to remove Patrick Heneghan, Thomas Richter and Admir
Read moreSmall caps round-up: Forte Energy, Stellar Diamonds, Billing Services...
15th Feb 2011 11:33
Miner Forte Energy has discovered further significant intersections after drilling 10 new holes at its A238 uranium prospect in Mauritania. The holes were drilled immediately north of the main shoot of the A238 system "provide a clearer geological picture of the transition from the narrow, low gra
Read moreBilling Services Repays $2.8M Of Senior Debt
1st Jul 2010 07:52
LONDON (Dow Jones)--Billing Services Group Ltd. (BILL.LN), a provider of clearing, settlement, payment and financial risk management solutions to the telecommunications industry, said Thursday that it has repaid $2.8 million of its senior debt, under the terms of its credit agreement, made on June 3
Read moreBilling Services Grp Statement Re 2009 Annual Report
21st Jun 2010 17:00
TIDMBILL RNS Number : 9842N Billing Services Group Limited 21 June 2010 ? For immediate release June 21, 2010 Billing Services Group Limited ("BSG" or the "Company") Releases 2009 Annual Report and Accounts BSG today announces the releas
Read moreSmall caps round-up: Billing Services, Eros, Sterling Energy ...
4th Jan 2010 15:39
Billing Services, which provides payment and financial risk management services to the telecommunications industry, has paid down $2.8m of its senior debt, reducing its senior debt level to $80.1m. AIM-listed Indian media and entertainment company Eros International has announced plans to raise in
Read moreLondon close: Fed optimism bolsters Footsie gains
21st Aug 2009 16:31
Footsie finished with strong gains going into the weekend after US Federal Reserve chairman Ben Bernanke said prospects for a return to global growth look good. 'After contracting sharply over the past year, economic activity appears to be levelling out, both in the United States and abroad, and th
Read moreLondon afternoon: Footsie bursts through 4800
21st Aug 2009 14:15
Trading remains very thin in London but that has not stopped the Footsie from moving above the 4,800 level for the first time since October of last year. Insurance companies, with their huge investment portfolios, are naturally big beneficiaries of the continued market revival and they lead today
Read moreSmall caps round-up: Billing Services, Playwize, EcoSecurities...
21st Aug 2009 07:57
Billing Services, which provides financial risk management solutions to the telecommunications industry, saw underlying profit rise for the half-year and said it was on track to meet expectations for the full year. For the first half, EBITDA increased to $19.2m from $17.4m before on turnover that r
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