Comverse Technology Inc. (CMVT) has in recent weeks shared financial information with prospective buyers, which include large global technology companies, of its telecommunications billing software unit, Reuters reported Wednesday, citing sources close to the matter.

Goldman Sachs Group Inc. (GS) is advising the software company on strategic alternatives, including any bidding interest, while Rothschild is advising the board, the sources told Reuters.

Comverse and Rothschild declined to comment, while Goldman Sachs wasn't available for comment, Reuters said.

Full story at http://www.reuters.com/article/2011/11/23/us-comverse-idUSTRE7AM2B220111123

-Dow Jones Newswires; 212-416-2900

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