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Neustar to split into 2 companies

2016-06-21 14:08:00| Telecompaper Headlines

(Telecompaper) Neustar announced a plan to split into two publicly traded companies. Following a strategic review, the company said splitting its Information Services from its Order Management & Numbering Services will create the most value for shareholders. CEO Lisa Hook will head up the Information Services company, consisting of the marketing and customer service activities, security series such as DNS and domains, and data services like caller and user ID, rights management and IoT. Paul Lalljie, currently CFO of Neustar, will serve as CEO of the Order Management & Numbering Services company. The latter includes all Neustar's services to the telecom industry, such as numbering and portability administration. The break-up of Neustar is expected to take around 12 months to complete.

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Category:Telecommunications

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