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August 12, 2014
09:02 EDTCSGSCSG Systems, Mediacom Communications extend contract
CSG International announced that Mediacom Communications Corporation has renewed its strategic partnership with CSG to support the delivery of service differentiation and innovation to Mediacomís 1.3 million customers. CSG and Mediacom enjoy a relationship that spans more than 15 years. Under the terms of the multiyear contract extension, Mediacom will broaden the end-to-end customer care and billing solutions provided by CSG to expand beyond voice, video, and data into home automation and other lines of business that provide new revenue channels and build long-term customer relationships.
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September 12, 2014
08:53 EDTCSGSCSG Systems deal increases chances of takeover, says Stifel
After meeting with CSG Systems' (CSGS) management, Stifel thinks the company's expanded deal with Comcast (CMCSA) makes it a more attractive acquisition target and provides the company with "a great opportunity" to upsell products into Comcast and Time Warner Cable (TWC). Stifel thinks CSG's stock can advance meaningfully from current levels and keeps a $40 price target and Buy rating on the shares.
September 11, 2014
09:02 EDTCSGSCSG Systems selected by Comcast to power Xfinity On Campus
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