CSG, Comcast Extend Pact One Month
Companies continue to work on longer-term agreement
By Mike Farrell, Multichannel News -- Broadcasting & Cable, 12/27/2012 10:25:48 AM
In a filing with the Securities and Exchange Commission Dec. 27, CSG said its earlier agreement expires on Dec. 31. In the document, CSG noted that Comcast accounted for about 21% of its total revenue in the third quarter.
The extension was reached on Dec. 21 and goes through Jan. 31, 2013, "while the parties continue negotiations relating to a new agreement," the fling said. "This extension will have no impact to CSG's expected results of operations 2012."
A copy of the amendment, with confidential information redacted, will be filed as an exhibit to CSG's form 10-K for the year ended Dec. 31, 2012.
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