Csg International Company History Timeline

(90 Jobs)
1994

Cable Services Group took the name CSG Systems International, Inc. in November 1994.

In 1994 it placed Cable Servic es Group, Inc. on the block.

1996

In February 1996, the company sold 2.9 million shares at $15 a s hare in an initial public offering of stock led by Alex.

CSG's first acquisition came in June 1996 when it paid $4.7 million for Bytel Limited, a provider of customer management softwar e systems to the cable industry in the United Kingdom, where it serve d 850,000 customers.

1997

Haddix's eventual replacement as p resident, Jack Pogge, told Broadcast & Cable in a 1997 pro file, "Neil Hansen is fond of saying that if there were a law against selling, none of the previous sales staff would have been convicted.

2000

Another development of note in 2000, AT& amp;T Broadband acquired TCI, thus inheriting the 15-year Master Subs criber contract.

Revenues approached $400 million in 2000, and net income totaled an impressive $90.5 million.

2002

2002: Lucent Technologies Inc. is acquired.

2003

In October 2003 th e arbitrator ruled that CSG must pay $120 million in damages to C omcast, which inherited the dispute.

But after recording a net loss of $26.3 million in 2003, CSG earned nearly $47.2 million in 200 4.

2005

Hansen was replaced as CEO in March 2005 by Ed Nafus, president of the company's Broadband Services Division.

Hansen then retired as chairman of the board in July 2005, although he stayed on as a director.

Business was improved through the first half of 2005 and the compa ny's new management team was optimistic about CSG's chances of achiev ing long-term sustainable growth.

Founded
1994
Company Founded
Headquarters
Greenwood Village, CO
Company Headquarter
Founders
Marwan H. Fawaz,Janice I. Obuchowski,George Haddix,Neal Hansen,Rekha Yadav
Company Founders

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