UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 DECEMBER 18, 1998 Date of Report (Date of Earliest Event Reported) BILLING CONCEPTS CORP. (Exact name of registrant as specified in its charter) DELAWARE 0-28536 74-2781950 (State or other jurisdiction of (Commission (I.R.S. Employer incorporation or organization) File Number) Identification No.) 7411 JOHN SMITH DRIVE, SUITE 200 SAN ANTONIO, TEXAS 78229 (Address of principal executive offices) (Zip Code) (210) 949-7000 (Registrant's Telephone Number, Including Area Code) Page 1 of 3 ITEM 5. OTHER EVENTS. On December 18, 1998, Billing Concepts Corp. ("the Company") consummated the merger (the "Merger") of Communications Software Consultants, Inc. ("CommSoft") into a wholly owned subsidiary of the Company in consideration of 2,492,759 shares of the Company's common stock. CommSoft was a privately held, international software development and consulting firm specializing in the telecommunications industry. The Merger has been accounted for as a pooling of interests. For the month ended January 31, 1999, the Company's post-Merger combined operations resulted in operating revenues and net income of $14,249,000 and $1,566,000, respectively. Page 2 of 3 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized. BILLING CONCEPTS CORP. (Registrant) Date: February 25, 1999 By: /s/ PARRIS H. HOLMES, JR. ----------------------------- Parris H. Holmes, Jr. Chairman of the Board and Chief Executive Officer Page 3 of 3