Convergys to take billing for a spin?

Telecom software firm Convergys said this week that it is considering a spin off of its Information Management group, the part of the company that deals in billing systems for service providers. The company says that the unit and its other group may achieve greater potential if separated. It would be an interesting move at a time when billing and operational support system companies are on call for frequent large-scale transformation projects. That business has lured companies like Oracle further into the telecom software fray, and other larger vendors also may be looking to add more OSS capabilities. All of that could mean, as Light Reading points out, that such a spin-off may not remain independent for long.

For more:
- see this story at Light Reading

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