STERLING, Va.--(BUSINESS WIRE)--Jan. 29, 2014--
Neustar, Inc. (NYSE: NSR), a trusted, neutral provider of real-time
information services and analytics, today announced an update on the
selection process for the local number portability administrator
contract beginning July 1, 2015.
Throughout the NPAC administrator selection process, Neustar has fully
responded to each deadline and request. In April 2013, Neustar submitted
an initial proposal according to the process and subsequently responded
to the North American Portability Management LLC's (NAPM) request for a
revised submission. In October 2013, the company requested the
opportunity for all bidders to submit additional revised proposals.
Together with that request, the company also submitted a revised
proposal. On January 24, 2014, the company was notified that its October
2013 proposal would not be considered.
“Under the stewardship of Neustar, the NAPM and the FCC, the NPAC has
become the world’s largest and most complex number management system and
it is poised to be the system for the future. We believe that given our
track record in innovating to meet the industry’s needs, as well as our
exceptional stewardship of the NPAC, we are the logical choice to be the
local number portability administrator over the next contract period.
The industry, consumers, and competition can only benefit from allowing
all bidders the opportunity to submit new and revised proposals. We will
continue to seek the opportunity for bidders to do so,” said Lisa Hook,
Neustar's President and Chief Executive Officer.
About Neustar, Inc.
Neustar, Inc. (NYSE: NSR) is a trusted, neutral provider of real-time
information and analytics to the communications services, financial
services, retail, and media and advertising sectors. Neustar applies its
advanced, secure technologies to help its clients promote and protect
their businesses. More information is available at www.neustar.biz.
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the company's secured credit facility and their impact on the company's
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obligation to update any of the forward-looking statements after the
date of this press release.
Source: Neustar, Inc.
Investor Relations Contact
Kim Hart, 202-533-2934