Sprint Signs Expanded Billing Contract with Convergys

Sprint signed a seven-year agreement under which Convergys will provide billing services for business and consumer wireless subscribers. Convergys has provided billing support to Sprint's wireless consumers since 1996. The new contract covers Convergys' "Infinys" portfolio of convergent, pre-integrated software applications and modules. Infinys' convergent capabilities allow communications companies to bill for a multitude of services on a single platform including wireless, wireline, cable, and broadband. Sprint may use Infinys as standalone solutions or in combination with existing systems to address its specific billing needs. Financial terms were not disclosed. Convergys did not change its previously discussed 2004 financial guidance.
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