NeuStar seen winning renewal

Investor's Business Daily

RBC Capital said the telecom company is likely to win renewal of a key telecom industry contract. NeuStar (NSR) garners 60% of its revenue from routing and managing phone calls and text messages for the major U.S. telecom service providers. The clearinghouse contract expires in June '15. "NeuStar seems well placed to retain the contract and has solid stance into following negotiations, though it remains to be seen if and to what extent the company may need to concede on pricing and terms," an analyst said in a research report. Shares rose 1.2% to 39.96.

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