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Exhibit 99.1
FOR IMMEDIATE RELEASE
For more information contact:
Liz Bauer Sarah Duisik
Vice President of Investor Director-External Communications
Relations AT&T Broadband
CSG Systems, Inc. 303-858-5431
303-804-4065
CSG Systems and AT&T Broadband
Agree to Dismiss Demand for Arbitration
ENGLEWOOD, CO. (October 10, 2000)-AT&T Broadband has agreed to dismiss with
prejudice its Sept. 27 Demand for Arbitration with CSG Systems, the companies
said today.
In connection with the dismissal, the companies agreed to amend the Master
Subscriber Management System Agreement between CSG Systems and AT&T Broadband.
Highlights from the amended agreement include:
. AT&T Broadband agrees to use its best efforts to convert 90 percent of the
MediaOne video and high-speed data customers to the CSG platform by Dec.
31, 2001, and the remaining 10 percent by June 30, 2002.
. CSG waives its exclusivity rights pertaining to residential wireline
telephony.
. AT&T Broadband purchases an expanded software license for CSG's call center
and workforce automation applications.
"We are pleased to reach a mutually beneficial business arrangement that allows
CSG and AT&T Broadband to benefit from the outcome," said Neal Hansen, chairman
and chief executive officer of CSG. "AT&T is one of the leaders in the
telecommunications industry and we will continue to work diligently in enabling
them to maximize their broadband strategy."
"With this agreement and our related discussions with CSG, AT&T Broadband is
better positioned to continue achieving its strategic and growth objectives,"
said Dan Somers, president and chief executive officer, AT&T Broadband. "We
view our redefined CSG relationship as a positive for both companies."
About CSG Systems, Inc.
Based in Denver, Colorado, CSG Systems International, Inc. (NASDAQ: CSGS), is
the parent company of CSG Systems, Inc., which provides customer care and
billing solutions worldwide for the converging communications markets, including
cable television,
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direct broadcast satellite, telephony, on-line services and others. The Company
offers its clients a full range of processing services, software and support
services that automate customer management functions, including billing, sales
support and order processing, invoice calculation and production, management
reporting and customer analysis for target marketing. CSG Systems, Inc. provides
its services to over one-third of the households in the United States.
About AT&T
AT&T Broadband, a business unit of AT&T, is the nation's largest broadband
services company, providing television entertainment services to about 16
million customers across the nation. The company also provides advanced
services, such as digital cable, high-speed cable Internet services and
competitive local phone service. AT&T Corp. (NYSE: T) is the world's leader in
telecommunications services and technology.
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