 CSG was founded by Neal Hansen as a division of First Data in 1982 . It became an independent corporation when it was acquired by CSG Holdings in 1994 for $ 137 million . A contract with Tele @-@ Communications Inc . ( TCI ) , the largest cable TV business at the time , was influential in the company 's growth from $ 80 million in revenue in 1994 to $ 171 million by 1997 . CSG went public in 1996 . A dispute with TCI over pricing led to a $ 120 million arbitration settlement in 2002 with Comcast , who acquired the TCI business . The two continued to do business together and expanded their relationship in 2014 . CSG made more than ten acquisitions in the 2000s , mostly of companies that sold billing , customer service and operations software . 
