The Starz Encore Group LLC litigation has been swept away, and Comcast
Corp.’s other high-profile challenge of a former AT&T Broadband contract --
with billing vendor CSG Systems International Inc. -- could get resolved soon,
Arbitration between CSG and AT&T Broadband (which inherited the 15-year
exclusive billing deal Tele-Communications Inc. signed in 1999) began in May
2002. Final arguments were heard two weeks ago.
CSG chief financial officer Peter Kalan, speaking at a Deutsche Bank
Securities conference Monday, said post-trial briefs and responses to post-trial
briefs have been filed and a decision could come later this year.
Analyst Marianne Wolk of Susquehanna Financial Group said in a report last
week that a final decision could come by early October.
Wolk wouldn’t predict an outcome in her report. But the arbitrator’s final
ruling could influence where CSG’s 2004 earnings land -- in a range of 67 cents
per share to $1.40 per share, she calculated.
CSG’s share price landed at $14.76, down 2% (31 cents), at 4 p.m. Thursday
during a generally down day.