NeuStar Tanks As Number Portability Pact In Doubt

By | January 30, 2014

Scalper1 News

NeuStar’s (NSR) update on the status of the bidding process for a telecom industry database raised worries that its contract renewal might be in jeopardy, sending shares plunging late Wednesday and headed for a weak open Thursday. Shares in Sterling, Va.-based NeuStar were down 24% before the opening bell in the stock market today. NeuStar’s contract to manage the number portability administration center, or NPAC, database expires June 30, 2015. Scalper1 News

Scalper1 News