Company renews Comcast contract
Bloomberg News
Tuesday, July 15, 2008
CSG Systems International Inc., an Arapahoe-County based provider of billing services, jumped the most in more than seven years after it said it renewed its contract with Comcast Corp.
Company shares increased $2.68, or 21 percent, to $15.44. The agreement extends CSG Systems' current relationship with Comcast, its biggest client, through December 2012, according to a company statement.
CSG also said in a conference call it expects to renew its contract with Dish Network Corp., its second-largest customer, later this year.
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