NEC to Buy US Telecom Services Provider CSG for $2.9 Billion

Bloomberg TechnologyWednesday, October 29, 2025 at 6:47:19 AM
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NEC to Buy US Telecom Services Provider CSG for $2.9 Billion
Japan's NEC Corp. is making a significant move by acquiring CSG Systems International Inc. for approximately $2.9 billion. This acquisition is crucial as it strengthens NEC's presence in the US telecom market, enhancing its capabilities in customer care and billing services for cable and phone companies. Such strategic investments are vital for NEC to compete effectively in a rapidly evolving industry.
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