The Denver Post is not too familiar with Neustar, they referred to the company as “virtually unknown”. The article is pertaining to Neustar and their bid to retain a very lucrative contract in the telecom space.
From the article:
A virtually unknown outfit purchased full page ads in The Denver Post last week trumpeting its “flawless performance” and warning of “a $719 million gamble” tied to switching number portability administrators, a puzzling strategy that left some readers scratching their heads.
That company is Neustar, which is vying for a $460 million-a-year contract to be awarded based, in part, on feedback from several members of Colorado’s telecommunications industry.
The winning vendor would manage a database of more than 500 million telephone numbers in the U.S. and Canada for more than 2,000 carriers and provide the back-end work to ensure consumers can seamlessly take their phone number with them when they switch providers.
Sterling, Va.-based Neustar has served as the administrator of the database since its formation following the Telecommunications Act of 1996. The so-called Number Portability Administration Center was established to help foster competition by allowing consumers to “port” their number from one carrier to another.
Neustar’s contract expires in June 2015. It is competing with Telcordia, owned by Swedish telecom giant Ericsson, for the new, five-year deal. The carriers that tap into the database fund the contract.
“The ads that you’re seeing are part of a campaign to ask the people who are in charge, the people who are managing the RFP (request for proposal), to take a step back and try not to rush things,” Neustar spokeswoman Gayle Kansagor said.
She said it’s largely a Beltway campaign, but the company included Denver because of the area’s significant telecommunications presence.
Its not like Neustar is some little microcap trading on the otcbb, the company does trade on the NYSE and has a market cap of over $2billion. Neustar made news this past week in the domain space by acquiring .CO Internet S.A.S.
