Leading Communications Service Providers at the Forefront of 5G are Enabling New and Exciting Experiences with Amdocs
26 October 2021 - 11:00PM
Amdocs (NASDAQ: DOX), a leading provider of software and services
to communications and media companies, announced business momentum
of its 5G efforts, allowing service providers and startups to make
today’s impossible, tomorrow’s possible with 5G, cloud and
edge-based offerings.
- In 2021, Amdocs has
engaged in more than 25 new 5G operations and monetization projects
across 15 countries, including agreements with communications
service providers
like AT&T, T-Mobile and Three UK.
- Amdocs recently
announced an expanded collaboration with Microsoft to
enable service providers to transform with cloud-native solutions
and cloud transformation services, and deploy 5G networks for
consumers and enterprises in the cloud.
- Regarding
innovation, Amdocs was selected by Orange to provide the
business support systems for Europe’s first 5G Stand Alone (SA)
experimental cloud network launched in July in Lannion,
France.
- Through
its work with the 5G Open Innovation Lab and
collaborators like T-Mobile and Microsoft, Amdocs has invested
significantly in developing state-of-the-art 5G use cases
around driverless cars, rural connectivity, food
resiliency, and enterprise. The Lab’s joint effort ensures
startups across a broad spectrum of industries have the
expertise they need to build what’s next in edge computing, setting
the groundwork for our increasingly connected digital society.
- Amdocs’ 5G solutions
have been recently expanded to serve the 5G Value
Plane, ensuring communications service providers can innovate,
launch, execute and monetize amazing new experiences for their
customers. With an end-to-end, automated approach to service
lifecycle management, data analytics, network orchestration, API
exposure, policy and charging, 5G Value Plane acts as a powerful
and distributed “brain.” It empowers the seamless integration of
business, IT, enterprises, and partners within the 5G
network.
- Amdocs successful
focus on 5G has been recognized by Light Reading with two
Leading Lights awards, for Outstanding Digital Enablement Vendor,
and Most Innovative Hybrid Networking Strategy.
Anthony Goonetilleke, Group President of Media, Network and
Technology, said: “As more 5G standalone networks are launched
across the globe, Amdocs is enabling communications service
providers to unlock 5G’s full potential, creating new capabilities,
unique business models and game-changing opportunities.
Connectivity is the backbone of modern society, and 5G represents
an opportunity to expand connectivity, generate new revenue streams
and deliver next generation experiences for customers.”
Amdocs will showcase its 5G offerings this week at Mobile World
Congress, Los Angeles (Oct. 26-28).
Supporting Resources
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About Amdocs
Amdocs helps those who build the future to make it amazing. With
our market-leading portfolio of software products and services, we
unlock our customers’ innovative potential, empowering them to
provide next-generation communication and media experiences for
both the individual end user and enterprise customers. Our 27,000
employees around the globe are here to accelerate service
providers’ migration to the cloud, enable them to differentiate in
the 5G era, and digitalize and automate their operations. Listed on
the NASDAQ Global Select Market, Amdocs had revenue of $4.2 billion
in fiscal 2020. For more information, visit Amdocs at
www.amdocs.com
Amdocs’ Forward-Looking Statement
This press release includes information that constitutes
forward-looking statements made pursuant to the safe harbor
provision of the Private Securities Litigation Reform Act of 1995,
including statements about Amdocs’ growth and business results in
future quarters. Although we believe the expectations reflected in
such forward-looking statements are based upon reasonable
assumptions, we can give no assurance that our expectations will be
obtained or that any deviations will not be material. Such
statements involve risks and uncertainties that may cause future
results to differ from those anticipated. These risks include, but
are not limited to, the effects of general economic conditions,
Amdocs’ ability to grow in the business markets that it serves,
Amdocs’ ability to successfully integrate acquired businesses,
adverse effects of market competition, rapid technological shifts
that may render the Company's products and services obsolete,
potential loss of a major customer, our ability to develop
long-term relationships with our customers, and risks associated
with operating businesses in the international market. Amdocs may
elect to update these forward-looking statements at some point in
the future; however, the Company specifically disclaims any
obligation to do so. These and other risks are discussed at greater
length in Amdocs’ filings with the Securities and Exchange
Commission, including in our Annual Report on Form 20-F for the
fiscal year ended September 30, 2020 filed on December 14, 2020 and
our Form 6-K furnished for the first quarter of fiscal 2021 on
February 16, 2021 and for the second quarter of fiscal 2021 on May
24, 2021.
Media Contact:
Michael ZemaAmdocs Public RelationsE-mail:
Michael.Zema@amdocs.com
Emily HoltPAN Communications for AmdocsEmail:
Amdocs@pancomm.com
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